Question

Court may order dissolution of a firm on any other grounds which _______ just and equitabe .

• A. it considers
• B. are prescribed in the act as
• C. the partners considers
• D. the registrar of firms considers

Answer 1

Answer: (A)

it considers

Dissolution can be done by suing the other partners and bringing the case to the court. According to Section 44 , if court finds it just and equitable then court may order for dissolution. Reason could be insolvency of a partner, Death of partner, when a partner becomes of unsound mind etc.