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The concept of ‘Holding Out’ is merely an application of the principle of estoppel, which in itself is a rule of evidence wherein a person is prevented or estopped from denying a statement he made or existence of facts that he makes another person believe. Holding out refers to a course of action or omission which leads others to believe that the person possesses an authority which in fact he doesn’t. In simple terms, if a person represents or knowingly permits others that he is a partner of a particular firm, and some other person carried on some transaction believing him to be a partner of the firm, then he is estopped from denying this representation later on. The concept of holding out has been provided under section 28 of the Indian Partnership Act, 1932 and section 29 of Limited Liability Partnership Act, 2008. These sections state that a person is held liable as a partner by holding out if the given conditions are fulfilled.
Where any drawback payable to a claimant is not paid ____________ from the date of filing a claim for payment of such drawback, there shall be paid to t...
According to Article 316 of the Constitution of India , who is responsible for appointing the Chairman and other members of a Public Service Commissio...
A bailiff acting under an order of the Court does that act without the knowledge that the Court has no jurisdiction to do so____________
Aman a citizen of India has committed a murder in Uganda, he can be tried for the offence of Murder in?
A, a surgeon, knowing that a particular operation is likely to cause the death of Z, who suffers under the painful complaint, but not intending to caus...
Which of the following is correct relating to Annual General Meeting________________
Which of the following is a necessary or are necessary ingredients to constitute accident as a defence under the IPC?
A, a soldier, fires on a mob by the order of his superior officer, in conformity with the commands of the law.
The Bharatiya Nyaya Sanhita is also known as _________________
Act to which a person is compelled to do it by threat is a defence under which section of the IPC?