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Citedby 91 docs - [View All]
Padmavathi Finance Corporation, vs M/S. S.V.Metal Unit, A Registered ... on 4 December, 2008
Md. Lutfulla Saheb vs Gauhati Bank Ltd. And Ors. on 2 December, 1952
New Age Rice Mills, Hanumangarh ... vs Mahaveer Rice, Dal & Oil Mills, ... on 27 April, 2000
Padmavathi Finance Corporation, vs M/S. S.V.Metal Unit, A Registered ... on 4 December, 2008
P. Chenchu Ramiah vs A.M. Noohu Nachia And Anr. on 30 October, 1998

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[Complete Act]
Central Government Act
Section 19 in The Indian Partnership Act, 1932
19.
(1) Implied authority of partner as agent of the firm. 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 immoveable property on behalf of the firm,
(g) transfer immoveable property belonging to the firm, or
(h) enter into partnership on behalf of the firm.
Extension and restriction of partner' s implied authority.