Partnership

Dissolution

Easy

common

At the suit of a partner, the court may order a partnership firm to be dissolved on which of the following ground?

When the business of the firm cannot be carried on except at a profit

When a partner becomes insane

When a partner is not guilty of misconduct which is likely to adversely affect the business of the firm

When a partner persistently does not commit breach of partnership agreement

✅ Correct Option: 2

Under Section 44 the court may dissolve a firm on a partner's suit when a partner becomes of unsound mind, becomes permanently incapable, is guilty of misconduct, persistently breaches the agreement, or the business can only be run at a loss. Only the insanity ground is stated correctly; the other options reverse the actual grounds.

2025: 30 May Shift 2

When realisation expenses are paid by the firm on behalf of a partner, which account will be debited:

2025: 15 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Compulsory Dissolution	(I) Partner becomes insane
(B) Dissolution by notice	(II) Death of a partner
(C) Dissolution by Court	(III) Business become illegal
(D) Dissolution on certain contingencies	(IV) Partnership at will

Choose the correct answer from the options given below:

2025: 4 June Shift 2

Which of the following combination of statements are true about dissolution-

(A). A firm is compulsorily dissolved when a partner decide to retire.

(B). Dissolution of a partnership is different from dissolution of a firm.

(C). A partnership is dissolved when there is a death of a partner.

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

Choose the correct answer from the options given below:

2025: 15 May Shift 1

According to which section of the partnership Act 1932, the dissolution of a partnership between all the partners of a firm is called the dissolution of the firm?

2025: 22 May Shift 1

One of the partner took-over furniture at the time of dissolution of the firm, which account will be debited:

2022: 16 July Shift 2

Which amongst the following is not a ground for dissolution of partnership firm on happening of certain contingencies?

At the suit of a partner, the court may order a partnership firm to be dissolved on which of the following ground?

Solution

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