According to Section 44 of the Indian Partnership Act, 1932, the Court may dissolve a firm on the suit…
Section 44 of the Indian Partnership Act lets the court dissolve a firm on a partner's suit where a partner has become of unsound mind (clause (a)), has become permanently…
Choose your answer
According to Section 44 of the Indian Partnership Act, 1932, the Court may dissolve a firm on the suit of a partner on any of the following grounds:
Answer and explanation
Correct answer D
Section 44 of the Indian Partnership Act lets the court dissolve a firm on a partner's suit where a partner has become of unsound mind (clause (a)), has become permanently incapable of performing his duties as partner (clause (b)), or wilfully or persistently commits breach of agreements relating to the management of the firm's affairs (clause (d)). Each listed ground is covered, so "All of the given options are correct"; a trivial breach does not suffice.
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