Bombay shop and establishment act
Ashwini
(Querist) 11 September 2009
This query is : Resolved
If a partnership firm is punished under violation of rules in bombay shop and establishment act then the libelity of the partners is joint and severl?
if yes then if court order for a fine of 5000/-Rs
Then weather each partner is libel to pay 5000/-Rs individuly?
means -if there are 5 partners then partnership firm will pay 50000/-Rs?riven
Raj Kumar Makkad
(Expert) 12 September 2009
In Partnership firm each and every partner is individually and severally liable for the recovery.riven
A. A. JOSE
(Expert) 13 September 2009
Mr.Rajkumar Makkad has rightly addressed the issue and I too agree with the same.riven