Rights of a Minor—A minor, according to S. 30 (2) nas the following rights–

(i) He is entitled to receive such share of the property of the firm as may be agreed upon by other partners.

(ii) He is entitled to receive such share of the profit from the profits of the firm as may be agreed.

(iii) He may have access to any of the accounts of the firm.

(iv) He may inspect and copy any of the accounts of the firm. Liabilities According to S. 30 (2) of the Act the liabilities of a minor are under—(i) Minor’s share in the firm is liable for the acts ofthe firm, (ii) A m inor is not personally liable for any such act. Sub-sec. (7) and (8) of S. 30 of the Act provide about rights and liabilities of the minor. On attaining majority he may choose to continue as a partner or not to become a partner. Where such person becomes a partner by election or by lapse of lime, his rights and liabilities as minor continue upto the date on which he becomes a partner but he also becomes personally laible to third parties for all acts of the firm done since he was admitted to the benefits of partnership and his share in the property and profits of the firm shall be the share to which he was entitled at a minor. In case .a minor elects not to become a partner, his rights and liabilities shall continue be those of a minor upto the date on which he gives public notice and his share shall not be liable for any acts of the firm done after the date of notice and he shall be entitled to sue the partners, for his share of the property and profits.