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Section 19 of Indian Partnership Act, 1932 Subject to the provisions of section 22, the act of a partner which is done to carry on, in the usual way, business of the kind carried on by the firm, binds the firm. The authority of a partner to bind the firm conferred by this section is called his “ implied authority”. (2) In the absence of any usage or custom of trade to the contrary, the implied authority of a partner does not empower him to— (a)submit a dispute relating to the business of the firm to arbitration, (b)open a banking account on behalf of the firm in his own name, (c)compromise or relinquish any claim or portion of a claim by the firm, (d) withdraw a suit or proceeding filed on behalf of the firm, (e)admit any liability in a suit or proceeding against the firm, (f) acquire immovable property on behalf of the firm, (h) transfer immovable property belonging to the firm, or (g) enter into partnership on behalf of the firm
S.14 of CPC provides for presumption as
Assertion: An additional written statement and an additional plaint can be filed.
Reason: Order 6 R1 provided for supplemental pleadings.
In case a Legal Disability continues up to the death of that person__________.
Section 53 of the Companies Act, 2013 does not allow issue of shares at a discount. Which of the following category of shares can be issued at a discoun...
The presumption of legitimacy under Section 112 is
What Is the full form of CIN?
A imports in to India or exports there from, any counterfeit coin knowing the same to be counterfeit is guilty under section ____of IPC.
Order XIX of the Code of Civil Procedure, 1908 related to __________.
“Volenti non fit Injuria” a principle of Tort Law, has a similar principle incorporated under which provision of the Indian Penal Code?
Which of the following is not a facet of rule of law as propounded by A. V Dicey?