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Law · Q428

Indian Partnership Act

Graduate and Post Graduate · Law · question 428

Q428

The firm is liable to be compulsorily dissolved under section 41(b) of the Indian Partnership Act, 1932

A.
Where the business of the firm is illegal from the very beginning
B.
Where the business of the firm is lawful in the beginning but sub-sequently the business becomes unlawful
Answer
C.
Both (A) and (B)
D.
Either (A) or (B)

Answer: Option B

Solution

Answer: Option B
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