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        Partnership Firms

        Section 18 - Partner to be agent of the firm

        Indian Partnership Act, 1932
        Chapter IV
        RELATIONS OF PARTNERS TO THIRD PARTIES

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        Partner as agent: a partner may bind the firm in transactions within the firm's business subject to statutory limits. A partner is the agent of the firm for the purposes of the business of the firm, subject to the provisions of the Indian Partnership Act, 1932, establishing that acts by a partner in the ordinary course of the firm's business are undertaken on behalf of the firm while the scope and limits of that agency are governed by the Act.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Partner as agent: a partner may bind the firm in transactions within the firm's business subject to statutory limits.

                              A partner is the agent of the firm for the purposes of the business of the firm, subject to the provisions of the Indian Partnership Act, 1932, establishing that acts by a partner in the ordinary course of the firm's business are undertaken on behalf of the firm while the scope and limits of that agency are governed by the Act.


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