Section 24 Indian Partnership Act 1932

Section 24 Indian Partnership Act

Section 24 of the Indian Partnership Act 1932 is about Effect of notice to acting partner. It is under CHAPTER IV (RELATION OF PARTNERS TO THIRD PARTIES) of the Act.

Effect of notice to acting partner

Notice to a partner who habitually acts in the business of the firm of any matter relating to the affairs of the firm operates as notice to the firm, except in the case of a fraud on the firm committed by or with the consent of that partner.