Business Studies · Partnership
Under the Partnership Act 1890, on which of the following grounds is a court order required for the dissolution of a partnership on application by a partner?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1On the permanent incapacity of a partner✓
- 2On a charging order being made against a partner's share for a separate debt
- 3On the bankruptcy or death of a partner
- 4On the expiration of the fixed term for which the partnership was created
Correct answer
On the permanent incapacity of a partner
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