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Indian 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 there for to the same extent as the partner.



Indian Partnership Act, 1932 Back




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