Q33
Where a partner becomes insolvent he ceases to be the partner in the firm
A.
On the date on which order of adjudication in this regard is passed by a court of law
AnswerB.
On the date which is agreed by him with other partners for declaring him insolvent
C.
Either (A) or (B)
D.
Both (A) and (B)
Answer: Option A
Solution
Answer: Option A
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