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        Partnership Firms

        Section 21 - Partner's authority in an emergency

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

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        Emergency authority of a partner: acts to protect the firm bind the firm when reasonably prudent. A partner possesses emergency authority to undertake acts necessary to protect the firm from loss, limited by what a person of ordinary prudence would do in similar circumstances; such reasonable protective acts bind the firm.
                          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.

                              Emergency authority of a partner: acts to protect the firm bind the firm when reasonably prudent.

                              A partner possesses emergency authority to undertake acts necessary to protect the firm from loss, limited by what a person of ordinary prudence would do in similar circumstances; such reasonable protective acts bind the firm.


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