Section 26 Indian Partnership Act 1932

Section 26 Indian Partnership Act

Section 26 of the Indian Partnership Act 1932 is about Liability of the firm for wrongful acts of a partner. It is under CHAPTER IV (RELATION OF PARTNERS TO THIRD PARTIES) of the Act.

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 therefor to the same extent as the partner.

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Section 26 Indian Partnership Act 1932

Section 26 Indian Partnership Act

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