Contents of Section

Chapter:

38 PDFTitle:PARTNERSHIP ORDINANCEGazette Number:
Section:9Heading:Partner using credit of firm for private purposesVersion Date:30/06/1997

Where one partner pledges the credit of the firm for a purpose apparently not connected with the firm's ordinary course of business, the firm is not bound, unless he is in fact specially authorized by the other partners; but this section does not affect any personal liability incurred by an individual partner.