Question

When a Partner of a Firm is adjudicated as an insolvent, he ceases to be a Partner as __________.

• A. on the date of Order of adjudication
• B. on the date of Dissolution
• C. on the date of information of insolvency
• D. decided by Indian Partnership Firm.

Answer 1

Answer: (A)

on the date of Order of adjudication

Option A is the correct answer.