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Minor by Suyash Kulkarni is a document available to read on EtoBox.
What is Minor about?
The document discusses the capacity of minors to enter into contracts and their status as shareholders according to Indian law. It notes that while minors are generally not competent to enter into contracts under the Indian Contract Act, there are some exceptions. A minor can hold shares in a company if the shares are gifted or transferred to them, with a guardian managing the shares on their behalf. As shareholders, minors have rights like voting but no liabilities to the company. So a minor can enjoy the
- Author
- Suyash Kulkarni
- Language
- EN