in which situation partnership society will come to an end ?
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in which situation partnership society will come to an end ?
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Explanation:
Partnership comes to an end with the death, retirement, insolvency or lunacy of any partner. It may result in lack of continuity. However, the remaining partners can enter into a fresh agreement and continue to run the business.
Answer
According to the section 39 of the Indian Partnership Act, 1932, the dissolution of the partnership firm may happen in the following cases: Death of the partner. Insolvency of the partner. By giving notice. sorry mere exams chal rahe the isliye pin mein on nhi thii...