Varun Kumar Jha

Partner to be agent of the firm.— Subject to the provisions of this Act, a partner is the agent of the firm for the purposes of the business of the firm.

Implied authority of partner as agent of the firm.— (1) Subject to the provisions of section 22, the act of a partner which is done to carry on, in the usual way, business of the… 

Extension and restriction of partner’s implied authority.— The partners in a firm may, by contract between the partners, extend or restrict the implied authority of any partner. Notwithstanding any such restriction, any act done by… 

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… 

Mode of doing act to bind firm.— In order to bind a firm, an act or instrument done or executed by a partner or other person on behalf of the firm shall be done or… 

Effect of admissions by a partner.— An admission or representation made by a partner concerning the affairs of the firm is evidence against the firm, if it is made in the ordinary course of business.

Effect of notice to acting partner.— Notice to a partner who habitually acts in the business of the firm of any matter relating to the affairs of the firm operates as notice to the firm,… 

Liability of a partner for acts of the firm.— Every partner is liable, jointly with all the other partners and also severally, for all acts of the firm done while he is a partner.

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…