Question

At the time if dissolution, A patner cannot take over?

Answer 1

Explanation:

The dissolution of partnership firm ceases the existence of the organization.

After this, the partnership firm cannot enter into any transaction with anybody.

It can only sell the assets to realize the amount, pay the liabilities of the firm and discharge the claims of the partners.

Hope it helps...

Answer 2

Answer:

The dissolution of partnership firm ceases the existence of the organization. After this, the partnership firm cannot enter into any transaction with anybody. It can only sell the assets to realize the amount, pay the liabilities of the firm and discharge the claims of the partners......