I am the owner of a property. I have permitted the firm of which I am a partner, to use the said property while carrying out its business. Has that property become the firm’s property by virtue of my permission to use the said property?
I am the owner of a property. I have permitted the firm of which I am a partner, to use the said property while carrying out its business. Has that property become the firm’s property by virtue of my permission to use the said property?
The property belonging to a partner, does not become property of the firm merely on his permitting to be used in the partnership business.