45Rights where partnership dissolved for fraud or

45 Rights where partnership dissolved for fraud or misrepresentation Where a partnership contract is rescinded on the ground of the fraud or misrepresentation of one of the partners, a partner entitled to rescind the contract is, without prejudice to any other right, entitled: (a) to a lien on, or right of retention of, the surplus of the partnership assets, after satisfying the partnership liabilities for any sum of money paid by the partner for the purchase of a share in the partnership and for any capital contributed by the partner; (b) to stand in the place of the creditors of the firm for any payments made by the partner in respect of the partnership liabilities; and (c) to be indemnified by the person guilty of the fraud or making the representation against all the debts and liabilities of the firm.