Question

Section 23 of indian partnership act 1932 explanation

Answer 1

Section 23 in The Indian Partnership Act, 1932. 23. Effect of admissions by a partner.—An admission on representation made by a partner concerning the affairs of the firm is evidence against the firm, if it is made in the ordinary course of business.

Answer 2

The section 23 of Indian partnership act refers to the partnership deal and the acknowledgement of a partner in the work of the enterprise during the period of partnership can be used as proof against the enterprise

Explanation:

• The partners in business are agents who represents the purpose of business for the business work and affairs of the enterprise
• The section 23 of partnership act  is the  acknowledgement made by the partner regarding representing the firm and concerned with the working of the firm can be used as proof against the firm during the work of business.
• If there are any form of "admissions" made by the partner before he became a partner of the firm cannot be taken as evidence or proof against the enterprise

To know more about Indian partnership act

Define Partnership according to Indian Partnership Act

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