Economics · Limited Liability Partnership Act
An LLP is liable for the wrongful acts or omissions of a partner when such acts are performed:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Illegally under another law where the partner hid information from the LLP.
- 2Strictly in the partner's personal capacity unrelated to the firm.
- 3Completely outside the territory of India without institutional consent.
- 4In the ordinary course of the business of the LLP or with its express authority.✓
Correct answer
In the ordinary course of the business of the LLP or with its express authority.
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