Section 10 of Partnership Act

Duty to indemnify for loss caused by fraud.— Everypartner shall indemnify the firm for any loss caused to it by his fraud in the conduct of the business of the firm.

Section 15 of Partnership Act

Application of the property of the firm.— Subject to contract between the partners, the property of the firm shall be held and used by the partners exclusively for the purposes of the business.

Section 18 of Partnership Act

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.