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Start Free TrialIndian Partnership Act, 1932 Section 19
Title: Implied Authority of Partner as Agent of the Firm
State: Central
Year: 1932
(1) Subject to the provisions of section 22, the act of a partner which is done to carry on, in the usual way, business of the kind carried on by the firm, binds the firm. The authority of a partner to bind the firm conferred by this section is called his "implied authority". (2) In the absence of any usage or custom of trade to the contrary, the implied authority of a partner does not empower him toX (a) submit a dispute relating to the business of the firm to arbitration, (b) open a banking account on behalf of the firm in his own name, (c) compromise or relinquish any claim or portion of a claim by the firm, (d) withdraw a suit or proceeding filed on behalf of the firm, (e) admit any liability in a suit or proceeding against the firm, (f) acquire immovable property on behalf of the firm, (g) transfer immovable property belonging to the firm, or (h) enter into partnership on behalf of the firm.
View Complete Act List Judgments citing this sectionIndian Contract Act, 1872 Section 187
Title: Definitions of Express and Implied Authority
State: Central
Year: 1872
An authority is said to be express when it is given by words spoken or written. An authority is said to be implied when it is to be inferred from the circumstances of the case; and things spoken or written, or the ordinary course of dealing, may be accounted circumstances of the case. Illustration A owns a shop in Serampur, living himself in Calcutta, and visiting the shop occasionally. The shop is managed by B, and he is in the habit of ordering goods from C in the name of A for the purposes of the shop, and of paying for them out of A's funds with A's knowledge. B has an implied authority from A to order goods from C in the name of A for the purposes of the shop.
View Complete Act List Judgments citing this sectionIndian Partnership Act, 1932 Section 20
Title: Extension and Restriction of Partners Implied Authority
State: Central
Year: 1932
The partners in a firm may, by contract between the partners, extend or restrict the implied authority of any partner. Notwithstanding any such restriction, any act done by a partner on behalf of the firm which falls within his implied authority binds the firm, unless the person with whom he is dealing knows of the restriction or does not know or believe that partner to be a partner.
View Complete Act List Judgments citing this sectionPension Fund Regulatory and Development Authority Act, 2013, Section 14
Title: Duties, Powers and Functions of Authority
State: Central
Year: 2013
.....after passing an order, on an application made for approval, by the Judicial Magistrate of first class having jurisdiction, for a period not exceeding one month, one or more bank account or accounts of any intermediary or any person associated with the scheme in any manner involved in violation of any of the provisions of this Act or the rules or the regulations made thereunder: Provided that only the bank account or accounts or any transaction entered therein, relating to the proceeds actually involved in the violation of any of the provisions of this Act or the rules or the regulations made thereunder shall be allowed to be attached; (v) direct any intermediary or any person associated with the scheme in any manner not to dispose of or alienate an asset forming part of any activity which is under investigation: Provided that the Authority shall, either before or after, passing such orders, under this section, give to such intermediaries or persons concerned an opportunity of being heard.
View Complete Act List Judgments citing this sectionTelecom Regulatory Authority of India Act, 1997 (24 of 1997) Section 26
Title: Members, Officers and Employees of Authority to Be Public Servants
State: Central
Year: 1997
All members, officers and other employees of the Authority shall be deemed, when acting or purporting to act in pursuance of any of the provisions of this Act to be public servants within the meaning of section 21 of the Indian Penal Code (45 of 1860). Illustration A Municipal Commissioner is a public servant. Explanation 1.Persons falling under any of the above descriptions are public servants, whether appointed by the Government or not. Explanation 2.Wherever the words "public servant" occur, they shall be understood of every person who is in actual possession of the situation of a public servant, whatever legal defect there may be in his right to hold that situation. Explanation 3.The word "election" denotes an election for the purpose of selecting members of any legislative, municipal or other public authority, of whatever character, the method of selection to which is by, or under, any law prescribed as by election.
View Complete Act List Judgments citing this sectionThe Land Ports Authority of India Act, 2010no. 31 of 2010[31st August, 2010.] Complete Act
Title: The Land Ports Authority of India Act, 2010no. 31 of 2010[31st August, 2010.]
State: Central
Year: 2010
.....mentioned in clause (e) of that section, unless he has been given a reasonable opportunity of being heard in the matter; or(b) refuses to act or becomes incapable of acting; or(c) is, without obtaining leave of absence from the Authority, absent from three consecutive meetings of the Authority; or(d) in the opinion of the Central Government, has so abused his position as to render his continuance in office detrimental to the public interest:Provided that no member shall be removed under this clause unless he has been given a reasonable opportunity of being heard in the matter. 7. Eligibility of member for re-appointment. - Any person ceasing to be a member shall, unless disqualified under section 4, be eligible for re-appointment. 8. Meetings. - (1) The Authority shall meet at such times and places, and shall observe such rules of procedure in regard to the transaction of business at its meetings (including the quorum at such meetings) as may be provided by regulations.(2) The Chairperson, or, if for any reason, he is unable to attend any meeting of the Authority, any other member chosen by the members present at the meeting shall preside at the meeting.(3) All.....
List Judgments citing this sectionAirports Authority Act of India Act Chapter II
Title: The Airports Authority of India
State: Central
Year: 1994
.....on deputation or otherwise) such number of officers and other employees as it may consider necessary: Provided that the appointment of such category of officers, as may be specified after consultation with the Chairperson in such rules, shall be subject to the approval of the Central Government. (2) Subject to the provisions of section 18, every officer or other employee appointed by the Authority shall be subject to such conditions of service and shall be entitled to such remuneration as may be determined by regulations. Section 11 - Authority to act on business principles In the discharge of its functions under this Act, the Authority shall act, so far as may be, on business principles.
View Complete Act List Judgments citing this sectionAirports Authority Act of India Act Chapter III
Title: Functions of the Authority
State: Central
Year: 1994
.....or other employees would not otherwise be subject. _____________________________ 1 Inserted by the Airports authority of India (Amendment) Act, 2003 (43 of 2003) Section 12A - Lease by the authority (1) Notwithstanding anything contained in this Act, the Authority may, in the public interest or in the interest of better management of airports, make a lease of the premises of an airport (including buildings and structures thereon and appertaining thereto) to carry out some of its functions under section 12 as the Authority may deem fit: Provided that such lease shall not affect the functions of the Authority under section 12 which relates to air traffic service or watch and ward at airports and civil enclaves. (2) No lease under sub-section (1) shall be made without the previous approval of the Central Government. (3) Any money, payable by the lessee in terms of the lease made under sub-section (1), shall form part of the fund of the Authority and shall be credited thereto as if such money is the receipt of the Authority for all purposes of section 24. (4) The lessee, who has been assigned any function of the Authority under sub-section (1), shall have all.....
View Complete Act List Judgments citing this sectionAirports Authority Act of India Act Section 13
Title: Undertakings of the International Airports Authority and the National Airports Authority to Vest in the Authority
State: Central
Year: 1994
(1) On and from the appointed day, there shall be transferred to, and vest, in the Authority constituted under section 3, the undertakings of the International Airports Authority and the National Airports Authority. (2) The undertaking of the International Airports Authority or the National Airports Authority which is transferred to, and which vests in the Authority under sub-section (1) shall be deemed to include all assets, rights, powers, authorities and privilege and all property movable and immovable, real or personal, corporeal or incorporeal, present or contingent, or whatever nature and wheresoever situate, including lands, buildings, machinery, equipments, works, workshops, cash balances, capital, reserves, reserve funds, investments, tenancies, leases and book debts and all other rights and interests arising out of such property as were immediately before the appointed day in the ownership, possession or power of the International Airports Authority, or as the case may be, the National Airports Authority, in relation to its undertaking, whether within or outside India, all books of account and documents relating thereto and shall also be deemed to include all.....
View Complete Act List Judgments citing this sectionAirports Authority Act of India Act Section 14
Title: General Effect of Vesting of Undertaking in the Authority
State: Central
Year: 1994
.....cease to have effect or be enforceable against the International Airports Authority, or as the case may be, the National Airports Authority and shall be of as full force and effect against or in favour of the Authority in which the undertakings have vested by virtue of this Act and enforceable as fully and effectually as if, instead of the International Airports Authority, or as the case may be, the National Airports Authority, the Authority had been named therein or had been a party thereto. (2) Any proceeding, suit or cause of action pending or existing immediately before the appointed day by or against the International Airports Authority or the National Airports Authority in relation to its undertakings may, as from that day, be continued and enforced by or against the Authority in which it has vested by virtue of this Act, as it might have been enforced by or against the International Airports Authority or the National Airports Authority if this Act had not been passed, and shall cease to be enforceable by or against the International Airports Authority, or as the case may be, the National Airports Authority.
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