Match the following provisions of the Indian Partnership Act, 1932 and select the correct answer using…
Under the Indian Partnership Act, 1932, dissolution by agreement between all the partners is provided in section 40, dissolution by an order of court in section 44,…
Choose your answer
Match the following provisions of the Indian Partnership Act, 1932 and select the correct answer using the codes given below:
| List I | List II |
|---|---|
| (a) Dissolution by agreement | (i) Section 40 |
| (b) Dissolution by court | (ii) Section 44 |
| (c) Dissolution on contingency | (iii) Section 42 |
| (d) Compulsory dissolution | (iv) Section 41 |
(a) (b) (c) (d)
Answer and explanation
Correct answer A
Under the Indian Partnership Act, 1932, dissolution by agreement between all the partners is provided in section 40, dissolution by an order of court in section 44, dissolution on the happening of a contingency in section 42, and compulsory dissolution in section 41, matching each mode of dissolution to its correct section in that order.
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