https://www.taxtmi.com/caselaws?id=193021 A minor cannot be a full partner, but may be admitted only to the benefits of partnership; a deed is not void merely because it describes the minor as a partner if, on proper construction, the adult signatories are the true partners and the minor receives only the benefits of the firm. Registration under section 26A also is not barred because the written partnership deed was executed after business had already begun. A pre-existing oral partnership may later be reduced into writing, and the decisive requirements remain a valid instrument of partnership specifying the partners' shares and a firm capable of being recorded in that instrument. en-us Thu, 23 Feb 1956 00:00:00 +0530 Sat, 08 Jul 2017 17:36:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193021 A minor cannot be a full partner, but may be admitted only to the benefits of partnership; a deed is not void merely because it describes the minor as a partner if, on proper construction, the adult signatories are the true partners and the minor receives only the benefits of the firm. Registration under section 26A also is not barred because the written partnership deed was executed after business had already begun. A pre-existing oral partnership may later be reduced into writing, and the decisive requirements remain a valid instrument of partnership specifying the partners' shares and a firm capable of being recorded in that instrument. Case-Laws Income Tax Thu, 23 Feb 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193021