Partnership Act, 1932

Section 18

Liability of estate of a deceased partner

⚡ Quick Answer Reference: Section 18 Partnership Act, 1932

Provision: Section 18 of Partnership Act, 1932
Act: Partnership Act, 1932
Classification: commercial
Jurisdiction: India

Statutory Content

What does Section 18 of Partnership Act, 1932 say?

Where a partner dies, the estate of the deceased partner is liable to pay the debts and liabilities of the firm as if the deceased partner had continued to be a partner in the firm and had been alive.

Indian StandardSection 18, Partnership Act, 1932

Bluebook (21st ed.)Partnership Act, 1932, § 18 (India)

Court Pleading StandardSection 18 of the Partnership Act, 1932

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

Common Questions about Section 18 Partnership Act, 1932

What is Section 18 of Partnership Act, 1932?

Section 18 of the Partnership Act, 1932 (Partnership Act, 1932) defines and regulates "Liability of estate of a deceased partner". The section states: Where a partner dies, the estate of the deceased partner is liable to pay the debts and liabilities of the firm as if the deceased partner had continued to be a partner in the firm...

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