How does Indian Law differ from English Law on 'holding out?
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The doctrine of holding out is traced back to the partnership act, 1890. It is also known a partnership as estoppels. Every partner is liable to the firm individually but this doctrine creates a liability of the third party to the firm because the principle of estoppel is applied to the doctrine of holding out.
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Answered by
3
Answer:
The doctrine of holding out is traced back to the partnership act, 1890. It is also known a partnership as estoppels. Every partner is liable to the firm individually but this doctrine creates a liability of the third party to the firm because the principle of estoppel is applied to the doctrine of holding out.
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