Section 21Partner's authority in an emergency

In forceChapter IV RELATIONS OF PARTNERS TO THIRD PARTIES

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Not in the index: Schedule (১)

Chapter IV RELATIONS OF PARTNERS TO THIRD PARTIES

s. 21

21. Partner's authority in an emergency A partner has authority, in an emergency, to do all such acts for the purpose of protecting the firm from loss as would be done by a person of ordinary prudence, in his own case, acting under similar circumstances, and such acts bind the firm.

End of s. 21. Not in the index for this Act: Schedule (১).

Read the contents: The Partnership Act, 1932