The question asks to identify the incorrect statement regarding the actions of a minor, admitted to the benefits of a partnership, upon attaining majority, as per the Partnership Act.

Partnership Act Rules for Minors Turning Adults

According to Section 30 of the Indian Partnership Act, 1932:

• A minor can be admitted to the benefits of an existing partnership.
• Upon attaining majority, the minor must decide whether to become or not to become a partner.
• They must give a public notice of their decision within six months of attaining majority or the date on which they obtain knowledge of their admission to the partnership, whichever date is later.

Analysis of Options

• Option 1: Requires issuing a public notice about becoming or not becoming a partner. This aligns with the Act.
• Option 2: States the option must be exercised within 2 months. The Act specifies six months. Therefore, this statement is incorrect.
• Option 3: If the minor opts to become a partner, their rights and liabilities as a minor continue until they actually become a partner. This is correct.
• Option 4: If the minor opts not to become a partner, their rights and liabilities as a minor continue up to the date they give notice of their decision. This is correct.

Conclusion

The incorrect statement is Option 2 because the timeframe allowed for a minor to exercise their option after attaining majority is six months, not two months.