WritingLaw (Page 77)

22. Mode of doing act to bind firm. In order to bind a firm, an act or instrument done or executed by a partner orRead More →

23. Effect of admissions by a partner. An admission on representation made by a partner concerning the affairs of the firm is evidence against theRead More →

24. Effect of notice to acting partner. Notice to a partner, who habitually acts in the business of the firm of any matter relating toRead More →

25. Liability of a partner for acts of the firm. Every partner is liable, jointly with all the other partners and also severally, for allRead More →

26. Liability of the firm for wrongful acts of a partner. Where, by the wrongful act or omission of a partner acting in the ordinaryRead More →

27. Liability of firm for misapplication by partners. Where- (a) a partner acting within his apparent authority receives money or property from a third partyRead More →

28. Holding out. (1) Any one who by words spoken or written or by conduct represents himself or knowingly permits himself to be represented, toRead More →

29. Rights of transferee or a partner’s interest. (1) A transfer by a partner of his interest in the firm, either absolute or by mortgage,Read More →

30. Minors admitted to the benefits of partnership. (1) A person who is a minor according to the law to which he is subject mayRead More →

CHAPTER V – INCOMING AND OUTGOING PARTNERS 31. Introduction of a partner. (1) Subject to contract between the partners and to the provisions of sectionRead More →

32. Retirement of a partner. (1) A partner may retire,- (a) with the consent of all the other partners, (b) in accordance with an expressRead More →

33. Expulsion of a partner. (1) A partner may not be expelled from a firm by any majority of the partners, save in the exerciseRead More →

34. Insolvency of a partner. (1) Where a partner in a firm is adjudicated an insolvent he ceases to be a partner on the dateRead More →

35. Liability of estate of deceased partner. Where under a contract between the partners the firm is not dissolved by the death of a partner,Read More →

36. Right of outgoing partner to carry on competing business. (1) An outgoing partner may carry on a business competing with that of the firmRead More →

37. Right of outgoing partner in certain cases to share subsequent profits. Where any member of a firm has died or otherwise ceased to beRead More →