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.
Section 26: Liability of the firm for wrongful acts of a partner.
The Indian Partnership Act, 1932Central Act · Act 9 of 1932
Where this provision sits
| Act | The Indian Partnership Act, 1932 |
|---|---|
| Section | 26 |
| Marginal note | Liability of the firm for wrongful acts of a partner. |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 1 |
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