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Section 26 – The Partnership Act, 1932

The Partnership Act, 1932

 

26. LIABILITY OF THE FIRM FOR WRONGFUL ACTS OF A PARTNER.

 

Where, by the wrongful act or omission of a partner acting in the ordinary course of the business of a firm or with the authority of his partners, loss or injury is caused to any third party, or any penalty is incurred, the firm is liable therefore to the same extent as the partner.

 

 

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The Partnership Act, 1932

 

Indian Laws – Bare Acts

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