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[Cites 0, Cited by 16] [Section 34] [Entire Act]

Union of India - Subsection

Section 34(2) in The Indian Partnership Act, 1932

(2)Where under a contract between the partners the firm is not dissolved by the adjudication of a partner as an insolvent, the estate of a partner so adjudicated is not liable for any act of the firm and the firm is not liable for any act of the insolvent, done after the date on which the order of adjudication is made.