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easyMCQCUET Accountancy 2025 29 May Shift 22026CUET Accountancy
1 mark

According to which section of the partnership Act 1932, the dissolution of a partnership between all the partners of a firm is called the dissolution of the firm?

  1. A
    Section 32
  2. B
    Section 35
  3. C
    Section 37
  4. D
    Section 39

Solution & Step-by-step Explanation

Under the Indian Partnership Act, 1932, Section 39 specifically defines the dissolution of a firm. It explicitly states: "The dissolution of partnership between all the partners of a firm is called the 'dissolution of the firm'."

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According to which section of the partnership Act 1932, the dissolution of a partnership between all the partners of a firm is called the dissolution of the firm?
A
Section 32
B
Section 35
C
Section 37
D
Section 39

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