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Firm Ashok Traders And Anr. Etc. vs Gurumukh Das Saluja And Ors. Etc. on 9 January, 2004
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[Complete Act]
Central Government Act
Section 9 in The Indian Partnership Act, 1932
9. General duties of partners. Partners are bound to carry on the business of the firm to the greatest common advantage, to be just and faithful to each other, and to render true accounts and full information of all things affecting the firm to any partner or his legal representative.
Duty to indemnify for loss caused by fraud.