Empowering Young Entrepreneurs: Balancing Legal Protections and Commercial Opportunities for Minors in Indian Partnerships
In India's rapidly evolving economic landscape, young entrepreneurs, including minors, are increasingly exploring commercial ventures such as partnerships.The Indian Partnership Act, 1932, permits minors to be admitted to the benefits of a partnership, rais-ing intricate legal and ethical questions.This article examines the legal framework governing minors' participation in Indian partnerships, analyzing their rights, liabilities, and the implications for commercial integrity.It explores justifications for their inclusion, such as fostering financial literacy and entrepreneurship, while addressing risks like exploitation and legal ambiguities.By integrating recent case law, statutory provisions, and scholarly insights, the article proposes reforms to balance empowerment with protection, ensuring minors can engage responsibly in India's commercial ecosystem.
Publication Details
- Journal
- International Journal of Progressive Research in Engineering Management and Science
- Published
- 2025-08-18
- DOI
- https://doi.org/10.58257/ijprems43332
- Primary Topic
- Migration, Ethnicity, and Economy
- Type
- article
- Field-Weighted Citation Impact
- 0.00