https://www.taxtmi.com/caselaws?id=7728 A partnership deed that admitted minors only to the benefits of partnership but also imposed personal liability for losses was treated as inconsistent with the statutory scheme and capable of rendering the firm ineligible for registration. The deed's reference to a collective share for three minor brothers was not fatal because their equal division was clear from the instrument. Registration was properly refused where the application was not signed by a partner who had attained majority, since the signature requirement for all partners other than minors was mandatory and the omission was not cured within time. en-us Tue, 28 Oct 1969 00:00:00 +0530 Wed, 18 Mar 2009 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7728 A partnership deed that admitted minors only to the benefits of partnership but also imposed personal liability for losses was treated as inconsistent with the statutory scheme and capable of rendering the firm ineligible for registration. The deed's reference to a collective share for three minor brothers was not fatal because their equal division was clear from the instrument. Registration was properly refused where the application was not signed by a partner who had attained majority, since the signature requirement for all partners other than minors was mandatory and the omission was not cured within time. Case-Laws Income Tax Tue, 28 Oct 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7728