Which of these can be ground for dissolution of a firm under the Partnership Act?

A partner transferring a part of his interest to third person without consent of other partners

No worries! We‘ve got your back. Try BYJU‘S free classes today!

One partner transferring whole of his interest to another partner

No worries! We‘ve got your back. Try BYJU‘S free classes today!

One partner transferring whole of his interest to third party

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

One partner transferring part of his interest to another partner

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C One partner transferring whole of his interest to third party
Section 44 mentions the grounds in which a partner can apply to the court for dissolution. If a partner transfer whole of his interest to third party then it dissolves the partnership. Other partners can reconstruct the new partnership with the third party or if they do not want to reconstruct the partnership then they can apply in court for dissolution of firm.

Suggest Corrections