CUET Accountancy - Under which condition, dissolution of a Partnership Firm by Court may take place :- | PYQs + Solutions

CUET Accountancy 2025 27 May Shift 2

Partnership

Easy

common

When all partners dies.

When the business of the firm is less profitable.

If tenure of Partnership mentioned in Partnership Deed is extended.

When a partner becomes insane.

✅ Correct Option: 4

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(D) Dissolution of a firm necessarily involves dissolution of partnership.

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CUET Accountancy 2025 27 May Shift 2 PYQs