TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Individuals Representing Themselves as Partners Liable for Firm's Debts Under Section 28, Indian Partnership Act, 1932.</h1> Under Section 28 of the Indian Partnership Act, 1932, an individual who represents themselves, or allows themselves to be represented, as a partner in a firm is liable as a partner to anyone who extends credit to the firm based on that representation. This liability applies regardless of whether the individual is aware that the representation has reached the creditor. Additionally, if a deceased partner's name continues to be used in the firm's name, this does not make the deceased partner's legal representative or estate liable for actions taken by the firm after the partner's death.
TaxTMI 
TaxTMI 
