Court can make an order to dissolve the partnership firm when : |
When one partner has become insane When a partner is guilty of misconduct which is likely to adversely affect the business of the firm When a partner becomes permanently incapable of performing his duties as a partner All of the above |
All of the above |
The correct answer is option 4- All of the above. Dissolution by Court: At the suit of a partner, the court may order a partnership firm to be dissolved on any of the following grounds: |