Question
If a partner commits wrongful acts within course of
business of the firm, who shall be liable?Solution
As per s.26 of The Indian Partnership Act, 1932, Where, by the wrongful act or omission of a partner acting in the ordinary course of the business of a firm, or with the authority of his partners, loss or injury is caused to any third party, or any penalty is incurred, the firm is liable therefor to the same extent as the partner.
Six organisations that have been de-recognised by the ESMA, which of the following is not in this list?
Which of the following public sector bank recently launch “Vyom App” where customers can do transactions beyond traditional banking?
The Government of India hiked the deposit limit and interest rate for the Senior Citizen Savings Scheme (SCSS) this year & has also now allowed senior c...
How much financial allocation has been given to the newly launched Vibrant Villages Programme?
April 14, 2025, was officially declared as Dr. B.R. Ambedkar Day by which global city?
With whom has the Indian Council of Agricultural Research signed an MoU to empower farmers?
What is the total amount the Asian Development Bank (ADB) plans to mobilize over five years to support India’s urban infrastructure development?
- Where is the headquarters of Standard Chartered Bank located?
As per the NSO Household Consumption Expenditure Survey (2023-24), which Indian state had the lowest share of food expenditure in 2023-24?
Which bank has been assigned the Lead Bank Responsibility for the district of Ernakulum in Kerala?
