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State any one occasion for the dissolution of the firm on Court’s orders. (Delhi 2017 C)

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

SOLUTION

(i) Persistent breach of agreement by a partner.
(ii) Insanity of a partner.
(iii) Permanent incapacity of a partner.





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Previous PostState any two grounds on the basis of which the Court may order for dissolution of a partnership firm. (CBSE 2019)
Next Post‘Complete the following Statement’: When a liability is discharged by a partner, at the time of dissolution, Capital Account is credited because__. (C.B.S.E. Sample Paper 2019)

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