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of <h1>Partners Can Change Implied Authority in Firms Under Section 20 of Indian Partnership Act 1932</h1> Section 20 of the Indian Partnership Act, 1932, allows partners in a firm to extend or restrict the implied authority of any partner through a mutual contract. However, if a partner acts within their implied authority on behalf of the firm, such actions will bind the firm unless the third party involved is aware of the restriction or does not recognize or believe the individual to be a partner.
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