State the legal position of a minor partner under the Indian Partnership Act, 1932 after attaining majority: (A) When he opts to become a partner of…

Suit for interest: (1) The buyer is entitled to recover interest or special damages, or to recover the money paid where the consideration for the payment of it has failed. (2) In the absence of a contract to the contrary, the court may award interest at such rate as it thinks fit on the amount of the price to the buyer in a suit by him for the refund of the price in a case of a breach of the contract on the part of the seller from the date on which the payment was made.