Indian Partnership Act : PARTNER'S AUTHORITY IN AN EMERGENCY Indian Bare Acts :

Indian Partnership Act,1932

Act No : 9

Section : PARTNER'S AUTHORITY IN AN EMERGENCY

SECTION 21: PARTNER'S AUTHORITY IN AN EMERGENCY
A partner has authority, in an emergency, to do all such acts for the purpose of protecting the firm from loss as would be done by a person of ordinary prudence, in his own case, acting under similar circumstances, and such acts bind the firm.