Section 21

Partner’s authority in an emergency.

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
    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 prudence, in his own case, acting under similar circumstances, and such acts bind 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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