Examveda
Examveda

A firm is liable to be compulsorily dissolved under Section 41 of the Indian Partnership Act on adjudication of

A. All the partners as insolvents

B. All but one of the partners as insolvents

C. Either (A) or (B)

D. Neither (A) nor (B)

Answer: Option D


This Question Belongs to Law >> Indian Partnership Act

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