An act to be called on 39 act of a firm 39 within the meaning of section 2 of the Indian Partnership...........

Indian Partnershoip Act (IPA) 1930 Introduction and Definition

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An act, to be called on 'act of a firm', within the meaning of section 2 of the Indian Partnership Act, 1932 is -

every act of the partners

only such acts which give rise to a right enforceable by or against the firm

such acts which do not give rise to a right enforceable by or against the firm

either (a) or (b) or (c)

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Explanation:

Section 2(a) of Partnership Act –
2. Definitions. In this Act, unless there is anything repugnant in the subject or context,- (a) an “act of a firm” means any act or omission by all the partners, or by any partner or agent of 2the firm which gives rise to a right enforceable by or against the firm