42. Dissolution on the happening of certain contingencies.

Subject to contract between the partners a firm is dissolved,-
(a) if constituted for a fixed term, by the expiry of that term;

(b) if constituted to carry out one or more adventures or undertakings, by the completion thereof;

(c) by the death of a partner; and

Bare Act PDFs

(d) by the adjudication of a partner as an insolvent.

Partnership Act full Bare Act

Download Partnership Act PDF

WritingLaw
WritingLaw » Indian Partnership Act » Section 42 Partnership Act Law Study Material
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.