Section 16 Partnership Act, 1932 Explained: Liability of partners for acts of firm | Nyaya

Statutory Content

What does Section 16 of Partnership Act, 1932 say?

Every partner in a firm is liable jointly with the other partners and also severally for all acts committed on behalf of the firm, whether such act is done within the scope of his authority or not. The liability of a partner for a wrongful act alleged to be done in the ordinary course of the business of the firm is not affected by the fact that such act has been done by a person under a dishonestly obtained or excessive authority.

Indian StandardSection 16, Partnership Act, 1932

Bluebook (21st ed.)Partnership Act, 1932, § 16 (India)

Court Pleading StandardSection 16 of the Partnership Act, 1932

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 16 Partnership Act, 1932

What is Section 16 of Partnership Act, 1932?

Section 16 of the Partnership Act, 1932 (Partnership Act, 1932) defines and regulates "Liability of partners for acts of firm". The section states: Every partner in a firm is liable jointly with the other partners and also severally for all acts committed on behalf of the firm, whether such act is done within the scope of his ...

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