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State any two contingencies that may result into dissolution of a partnership firm.(C.B.S.E. M. P.)

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

Contingencies that may result into dissolution of a partnership firm: (i) If the firm is constituted for a fixed term, on the expiry of that term. (ii) On the adjudication of a partner as an insolvent.







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Previous PostState any two grounds on the basis of which court may order for the dissolution of partnership firm. (C.B.S.E. 2019, Kerala)
Next PostStale any two situations when a firm is compulsorily dissolved. (C.B.S.E 2019, M. P.)

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