Question

what is dissolution of firm

Answer 1

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When the relation between all the partners of the firm comes to an end, this is calleddissolution of the firm. Section 39 of the Indian Partnership Act, provides that “thedissolution of the partnership between all the partners of a firm is called the dissolution of a firm.”

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Answer 2

When the relation between all the partners of the firm comes to an end, this is called dissolution of the firm. Section 39 of the Indian Partnership Act, provides that “the dissolution of the partnership between all the partners of a firm is called the dissolution of a firm.”

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