Business Studies, asked by aafakhaidar789, 11 months ago

how many types of voluntary dissolution in firm

Answers

Answered by divya456788
0

Answer:

Voluntary Dissolution of a Firm (without the order of the Court) Voluntary dissolution can be of four types.

Answered by nehar2102
2

There are 4 types of voluntary dissolution in firm.

Step by step explanation:

  • Voluntary Dissolution can be explained as a process when the partnership between all the partners of a firm is vanished or dissolved.

  • A firm can be dissolved either by the order from the court or voluntary.

  • 4 types of voluntary dissolution in firm are:
  1. Compulsory Dissolution
  2. By Agreement
  3. Notice of partnership at will
  4. On the occasion of certain contingencies
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