Obligations, to firm, of partner carrying on business. Rep. by s. 73 and the Second Schedule, ibid. Varun Kumar Jha Varun Kumar Jha is a Legal Researcher and the founder of LLB Varun. The content is written and reviewed by Varun Kumar Jha, a dedicated legal author with an LL.B. background from Karnataka State Law University (KSLU). You can review and verify the statutory language directly within the Ministry of Home Affairs Official Gazette Document. 🌐 Connect: LinkedIn | Contact Editor. Related Articles Section 261 of Indian contract Act Section 260 of Indian contract Act Section 258 of Indian contract Act