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The Indian partnership act,1932

Corporate & Other Laws

Is partner by estoppel and partner by holding out same ???and if it's not same then what is the difference between them???

Aarvi Shah

CA Foundation

★ 110

14-Oct-21 20:20

248

Answers (1)

Best Answer

There's not a lot of difference between both. A partner by estoppel is a person who represents himself to be a partner by his conduct or behavior. A partner by holding out is a person who allows others to represent him as a partner and does not deny when someone else represents him as a partner.