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The Negotiable Instruments Act, 1881

Section 27AAuthority of partner

In forceChapter III PARTIES TO NOTES, BILLS AND CHEQUES
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Chapter III PARTIES TO NOTES, BILLS AND CHEQUES

s. 27A

27A. Authority of partner [A partner acting in the firm name may bind the firm by the making, drawing, acceptance or negotiation of a negotiable instrument to the extent authorised by law relating to partnership for the time being in force.]

  1. 5. Section 27A was inserted by section 16 of the Negotiable Instruments (Amendment) Ordinance, 1962 (Ordinance No. XLIX of 1962)

End of s. 27A.

Read the contents: The Negotiable Instruments Act, 1881