41. Compulsory dissolution.
A firm is dissolved,-
(a) omitted by Act 31 of 2016
(b) 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:
Provided that, where more than one separate adventure or undertaking is carried on by the firm the illegality of one or more shall not of itself cause the dissolution of the firm in respect of its lawful adventures and undertakings.
WritingLaw offers important Bare Act PDFs, Law Notes, Law Q&As, Law Articles, Law MCQ Tests, and more.
Latest posts by WL Staff (see all)
- Governor of an Indian State: Role, Importance, and Functions - 4th September 2023
- Guardianship Under Hindu Law in India - 13th August 2023
- All Rules for Adoption in Hindus Under Hindu Laws - 13th August 2023
WritingLaw » Indian Partnership Act » 
If you are a regular reader, please consider buying the Law PDFs and MCQ Tests. You will love them. You may also support us with any amount you like. Thank You.
