Question

Dissolution takes place when the relation among the partner's comes to an end. (State True or False)

Answer 1

Hey mate ✌️✌️


TRUE,Dissolution takes place when the relation among the partner's comes to an end.


✨ Hope this helps you ✨

Answer 2

The given statement- Dissolution takes place when the relation among the partners comes to an end is true.

* Dissolution of partnership can take place in different circumstances and it can be either voluntary or done by order, i.e. with or without the involvement of the court.

* This often leads to the dissolution of the firm as well. This is in accordance with the Indian Partnership Act 1932 ( Section 39).