Section 19
Remuneration And Interest
(1) Every partner shall be entitled to receive remuneration as specified in the agreement for managing the
business of the firm and if the partner has invested additional capital than he/she has agreed to subscribe, under the agreement he/she shall be entitled to receive an interest not exceeding Ten percent.
(2) If a partner, knowingly or negligently causes any loss or damage, he/she shall be liable to pay back the values or amount of such loss or damage.
business of the firm and if the partner has invested additional capital than he/she has agreed to subscribe, under the agreement he/she shall be entitled to receive an interest not exceeding Ten percent.
(2) If a partner, knowingly or negligently causes any loss or damage, he/she shall be liable to pay back the values or amount of such loss or damage.