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Indian Partnership Act, 1932

Dissolution of a Partnership Firm and Consequences of Dissolution

The terms "dissolution of partnership" and "dissolution of firm" are often used interchangeably, but they refer to different concepts. The dissolution of a partnership refers to the separation of some partners from the…

13 min read

Official text

We show statutory text only after checking it word for word against the official source. Read Section 41 of the Indian Partnership Act, 1932 on India Code.

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