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What is dissolution of a firm

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What is dissolution of a firm
  • 1 answers

Yogita Ingle 7 years, 4 months ago

When the partnership between all the partners of a firm is dissolved, then it is called dissolution of a firm. It is important to note that the relationship between all partners should be dissolved for the firm to be dissolved.
A firm can be dissolved either voluntarily or by an order from the Court.

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