Gupta and Sharma were partners in a firm. They wanted to admit two more members in the firm. List the categories of individuals other than minors who cannot be admitted by them. (Delhi 2017)

SOLUTION

Apart from minor, the following individuals cannot be admitted as partners:
(i) Persons of unsound mind (e.g., lunatics or insane), and

(ii) Persons disqualified by law (e.g., alien enemies, insolvents).


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