Dissolution of firm without court
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yes it ca be by the mutual agreement of the firm...
or when any or all the partners of the firm declared insolvent
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Dissolution without the intervention of the Court. 1. By Agreement (S.40):- A partnership firm can be dissolved any time with the consent of all the partners whether the partnership is at will or for a fixed duration. ... A notice once given cannot be withdrawn without the consent of other partners..
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. hope it will help you
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