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Section 10 – The Partnership Act, 1932

Duty To Indemnify For Loss Caused By Fraud

Every partner shall indemnify the firm for any loss caused to it by his fraud in the conduct of the business of the firm.

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CA Bhuvnesh Goyal Partner
CA Bhuvnesh Goyal is a Chartered Accountant with expertise in taxation, finance, and business compliance. He shares practical insights to help readers navigate complex financial matters with ease.
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B K Goyal & Co LLP
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