DISSOLUTION OF A PARTNERSHIP FIRM
TABLE OF CONTENTS
1.Abstract
2. Introduction
3.Literature Review
4.Research Questions
5.Research Objectives
6.Research Methodology
7.The meaning of a partnership firm and the dissolution of a partnership firm
8.Modes of dissolution of a partnership firm
9.What happens after the dissolution of a partnership firm?
10.Conclusion
11.Bibliography
ABSTRACT
In the modern-day world, business is developing past the limit of sole ownership and joint Hindu law business organizations. Thus, it is becoming essential and prudent to frame and participate in a partnership business. Section 4 of the Partnerships Act, 1932 states “Partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any one of them acting for all”. The dissolution of a partnership firm happens when all the partners in a firm quit the partnership. In this paper, the author has taken to explain various methods and procedures of dissolution that are being followed. The aftermath of the dissolution process is also elaborated. The author uses the doctrinal method of research in this research paper. It involves analysis of several cases, statutes, books, articles, and other materials and the conclusion is based on the same.
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AUTHOR DETAILS:
Name: Vishal R Kanchi
Course: BBA-LLB
University: Symbiosis Law School, Hyderabad
Email address: vishal.r@student.slsh.edu.in
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