Section 10

Duty to indemnify for loss caused by fraud.

The Indian Partnership Act, 1932

  • Act 9 of 1932
  • Ministry of Corporate Affairs
About this Act

An Act to define and amend the Law Relating to Partnership.

All sections
    Every partner shall indemnify the firm for any loss caused to it by his fraud in the conduct of the business of the firm.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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