https://www.taxtmi.com/acts?id=10236 An LLP is not bound by a partner's act when the partner lacked actual authority and the other party knew of that lack or did not know the person was a partner. The LLP is liable for wrongful acts or omissions by a partner committed in the course of the LLP's business or with its authority. All obligations are solely those of the LLP and its liabilities are to be met from the LLP's property. en-us Fri, 07 Nov 2008 16:02:13 +0530 Fri, 07 Nov 2008 16:02:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10236 An LLP is not bound by a partner's act when the partner lacked actual authority and the other party knew of that lack or did not know the person was a partner. The LLP is liable for wrongful acts or omissions by a partner committed in the course of the LLP's business or with its authority. All obligations are solely those of the LLP and its liabilities are to be met from the LLP's property. Act-Rules Bills Fri, 07 Nov 2008 16:02:13 +0530 https://www.taxtmi.com/acts?id=10236