Accountancy, asked by hsai1197, 7 months ago

Explain the various modes of dissolution of a partnership

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Answered by rakhi9299

Answer:

various modes of dissolution of a partnership :-

(1)By the adjudication as insolvent of all the partners or of all partners except one.

(2) By the happening of any event which makes it unlawful for the business of the firm to be carried on or for the partners to carry it on in partnership.

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Answered by piyushshree

partnership firm can be dissolved by an agreement among all the partners. Section 40 of Indian Partnership Act, 1932 allows the dissolution of a partnership firm if all the partners agree to dissolve it. Partnership concern is created by agreement and similarly it can be dissolved by agreement

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