Indian Partnership Act : LIABILITY OF THE FIRM FOR WRONGFUL ACTS OF A PARTNER Indian Bare Acts :

Indian Partnership Act,1932

Act No : 9

Section : LIABILITY OF THE FIRM FOR WRONGFUL ACTS OF A PARTNER

SECTION 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.