mention the circumstances under which dissolution of partnership firm takes places?
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If the partnership is done for a particular period of time and when that period expires then the firm dissolves. Dissolution can also take place due to the death of the partner but if other partners want to continue they can. If the partners of the firm are insolvent or one partner then the dissolution takes place.
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2
Answer:
If the partnership is done for a particular period of time and when that period expires then the firm dissolves. Dissolution can also take place due to the death of the partner but if other partners want to continue they can. If the partners of the firm are insolvent or one partner then the dissolution takes place.
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