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State two occasions when a partnership …

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State two occasions when a partnership firm is compulsorily dissolved. (

Posted by Zaid Ansari 2 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Sneha Sisodia 2 years, 7 months ago

Following are the two situations when a partnership firm can be compulsorily dissolved: 1. When all the partners or all the partners except one become insolvent. 2. The happening of an event or any change in the government policies that makes the business of the firm unlawful.

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