PARTNERSHIP.
No. 1 of 1897.
$09
(5) when the business of the partnership can only be carried on at a loss; and
(15) whenever in any case circumstances have arisen which, in the opinion of the court, render it just and equitable that the partnership be dissolved.
persons
36.--(1) Where a person deals with a firm after a change in its constitution, he is entitled to treat all apparent members of the old firm as still being members of the firm until he has notice of the change.
(2) An advertisement in the Gazette as to a firm whose principal place of business is in the Colony shall be notice as to persons who had not dealings with the firm before the date of the dissolution or change so advertised.
(3) The estate of a partner who dies, or who becomes bankrupt, or of a partner who, not having been known to the person dealing with the firm to be a partner, retires from the firm, is not liable for partnership debts contracted after the date of the death, bankruptcy, or retirement respectively.
apparent members of firm.
notify
37. On the dissolution of a partnership or retirement of a partner, any partner may publicly notify the same, and may require the other partner or partners to concur for that purpose in all necessary or proper acts, if any, which cannot be done without his or their concurrence.
partners for
38. After the dissolution of a partnership, the authority of each partner to bind the firm, and the other rights and obligations of the partners, continue, notwithstanding the dissolution, so far as may be necessary to wind up the affairs of the partnership, and to complete transactions begun but unfinished at the time of the dissolution, but not otherwise: Provided that the firm is in no case bound by the acts of a partner who has become bankrupt; but this proviso does not affect the liability of any person who has, after the bankruptcy, represented himself or knowingly suffered himself to be represented as a partner of the bankrupt.
to application
39. On the dissolution of a partnership, every partner is entitled, as against the other partners in the firm and all persons claiming through them in respect of their interests as partners, to have the property of the partnership applied in payment of the debts and liabilities of the firm, and to
1
PARTNERSHIP.
No. 1 of 1897.
$09
(5) when the business of the partnership can only be carried on at a loss; and
(15) whenever in any case circumstances have arisen which, in the opinion of the court, render it just and equitable that the partnership be dissolved.
persons
36.--(1) Where a person deals with a firm after a change Rights of in its constitution, he is entitled to treat all apparent mem- dealing with bers of the old firm as still being members of the firm until firm against he has notice of the change.
(2) An advertisement in the Gazette as to a firm whose principal place of business is in the Colony shall be notice as to persons who had not dealings with the firm before the date of the dissolution or change so advertised.
(3) The estate of a partner who dies, or who becomes bankrupt, or of a partner who, not having been known to the person dealing with the firm to be a partner, retires from the firm, is not liable for partnership debts contracted after the date of the death, bankruptcy, or retirement respectively.
apparent members of firm.
notify
37. On the dissolution of a partnership or retirement of Right of a partner, any partner may publicly notify the same, and partner to may require the other partner or partners to concur for that dissolution. purpose in all necessary or proper acts, if any, which cannot be done without his or their concurrence.
partners for
38. After the dissolution of a partnership, the authority Continuing of each partner to bind the firm, and the other rights and authority of obligations of the partners, coutinue, notwithstanding the purposes of dissolution, so far as may be necessary to wind up the affairs winding-up. of the partnership, and to complete transactions begun but unfinished at the time of the dissolution, but not otherwise: Provided that the firm is in no case bound by the acts of a partner who has become bankrupt; but this proviso does not affect the liability of any person who has, after the bankruptcy, represented himself or knowingly suffered himself to be represented as a partner of the bankrupt.
to application
39. On the dissolution of a partnership, every partner is Rights of entitled, as against the other partners in the firm and all partners as persons claiming through them in respect of their interests of partnership as partners, to have the property of the partnership applied property. in payment of the debts and liabilities of the firm, and to
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