UGC Approved Journal no 63975(19)

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Published in:

Volume 9 Issue 6
June-2022
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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JETIR2206890


Registration ID:
405037

Page Number

i736-i740

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Title

Implied Authority Of A Partner In A Firm

Abstract

Section 4 of the Indian Partnership Act, 1932 defines “Partnership”. As per this definition, a “Firm” is the collective of partners where partners together/ any of the partners acting for all, are/ is required to carry on the business . The authority of a partner may be express or implied, i.e., it may be either given by words, spoken or written or it may be implied where there is no express agreement on it. In the cases of implied authority, law grants certain powers to the partners and also poses certain restrictions on several other functions. In some cases, such restrictions imposed upon a partner can also be extended. Implied signifies the authority being vested on the partner which is based upon his apparent position in the business of the firm. It has various meanings in various context. Sections 18, 19, 20, 21, 22, 23 and 24 of the act deal with the “Implied Authority of a partner” which is widely dealt in this study.

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"Implied Authority Of A Partner In A Firm", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 6, page no.i736-i740, June-2022, Available :http://www.jetir.org/papers/JETIR2206890.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Implied Authority Of A Partner In A Firm", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 6, page no. ppi736-i740, June-2022, Available at : http://www.jetir.org/papers/JETIR2206890.pdf

Publication Details

Published Paper ID: JETIR2206890
Registration ID: 405037
Published In: Volume 9 | Issue 6 | Year June-2022
DOI (Digital Object Identifier):
Page No: i736-i740
Country: Virudhunagar, Tamil Nadu, India .
Area: Other
ISSN Number: 2349-5162
Publisher: IJ Publication


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