_:n9a3e89e2eb504a14a4869f60ac305247xb6
<http://schema.org/text>
"Under the Indian Partnership Act, the following Individual/entities are eligible to become partners in a partnership firm:<ul class='p-l-15 ul_f_f list-icon list-icon-check list-icon-colored text-justify'>\r\n<li><strong>Individual:</strong> Any person who is of sound mind, not a minor, not an undercharged insolvent, and not disqualified from entering into a contract by law can become a partner in a partnership firm.</li>\r\n<li><strong>Firm:</strong> A registered partnership firm can become a partner in another partnership firm.</li>\r\n<li><strong>Hindu Undivided Family (HUF):</strong> The Karta of a HUF can become a partner in a partnership firm in his capacity if he has contributed his self-acquired or personal skill and labor to the partnership firm.</li>\r\n<li><strong>Company:</strong> Companies are juristic persons and can become partners in a partnership firm if their objects permit it.</li>\r\n<li><strong>Trustees:</strong> Trustees of private religious trusts, family trusts, and Hindu mutts can enter into partnerships unless their constitutions or objects forbid it.</li>\r\n</ul>"
<https://www.indiafilings.com/startup/partnership-firm-registration-in-mizoram>