Section 42 of the Indian Partnership Act, 1932 deals with:

Section 42 is headed "Dissolution on the happening of certain contingencies": subject to contract, a firm is dissolved on expiry of its fixed term, on completion of its adventure, by the death of a partner, or by the adjudication of a partner as insolvent. Compulsory dissolution is in s.41, dissolution by notice in s.43 and dissolution by the Court in s.44.