Dissolution by Court happens:

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Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Dissolution of Partnership Firm

Question:

Dissolution by Court happens:

Options:

Death of a partner

With the consent of all partners

When a partner becomes insane

When the adjudication of a partner as an insolvent

Correct Answer:

When a partner becomes insane

Explanation:

The correct answer is Option (3) → When a partner becomes insane