Companies Act (Cap. 386)
Companies Act (Cap. 386), article 12
12. Where a partner has contributed to the partnership a debt
owing to him, he shall not be discharged until the partnership
obtains payment of the amount for which the debt was contribute d
and, in case of non-payment at the due date, he shall be liable ,
jointly and severally with the debtor, for the said amount with
interest from the date the debt contribut ed fell due.
How a partnership
is constituted.
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