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Section 21: Partner’s authority in an emergency.

The Indian Partnership Act, 1932Central Act · Act 9 of 1932

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.

Where this provision sits

ActThe Indian Partnership Act, 1932
Section21
Marginal notePartner’s authority in an emergency.
JurisdictionCentral
StatusIn force as published by the source

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