Amendment status not verified — confirm the current text below against the official source.
Definitions - In this -Act, unless there is anything repugnant in the subject or context - An " act of a firm" means any act or omission by all the partners, or by any partner or agent of the firm which gives rise to a right enforceable by or against the firm": " business includes every trade; occupation and profession. 'Prescribed" means prescribed by rules made under this Act" "Thirdy party " used in relation to a firm or to a partner therein means any person who is not a partner in the firms" and expression used but not defined in this Act and defined in the Indian