Circumstances that may lead to the dissolution of a partnership

  1. If the partners mutually agree/decide to dissolve it
  2. Incase of death/insanity/bankruptcy of a partner
  3. Incase the court orders so
  4. Incase completion of he intended purpose
  5. If the business engages in unlawful practices
  6. Incase of retirement /admission of a new partner
  7. Incase of continued disagreements among the partners
(Visited 35 times, 1 visits today)

One thought on “Circumstances that may lead to the dissolution of a partnership”

Leave a Reply

Your email address will not be published. Required fields are marked *