section 42
Dissolution on the happening of certain contingencies
The Indian Partnership Act, 1923Corporate193269 sections5 chapters
Chapter VI - DISSOLUTION OF A FIRM
Statutory text
Subject to contract between the partners a firm is dissolved - a) If constituted for a fixed term, by the expiry of that term b) If constituted to carry out one or more adventures or undertakings by the completion thereof. c) by the death of a partner. d) by the adjudication of a partner as an insolvent.
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