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Pandiri Veeranna vs Grandhi Veerabhadraswami Alias ... on 20 February, 1918

Then remains the question: Does not the endorsement of Govindaswami stand on a footing different from her own endorsement? I think not. These two were partners on the date the second endorsement was made. It has been held that an acknowledgment or a payment by a partner without special authority is binding upon the other partner: P. Veeranna v. Veerabhadraswami [1918] 41 Mad. 427. Under Section 21, a partner ipso facto has no authority to acknowledge or to make a part payment; but if he has general authority to contract; debts or make payments he has implied authority to keep the debt alive and it is unnecessary to make out special authority. This is the effect of the case to which I have referred. I therefore hold that the plaintiff's claim based on the notes of 1914 is not barred by limitation.
Madras High Court Cites 5 - Cited by 14 - Full Document
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