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Law · Q368

Indian Partnership Act

Graduate and Post Graduate · Law · question 368

Q368

Under section 40 of the Indian Partnership Act, 1932, a firm can be dissolved

A.
With the consent of majority of partners
B.
With the consent of all the partners
Answer
C.
With the consent of the managing partner
D.
Either (A) or (B) or (C)

Answer: Option B

Solution

Answer: Option B
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