Dissolution by Court happens when:
- ADeath of a partner
- BWith the consent of all partners
- CWhen a partner becomes insane
- DWhen the adjudication of a partner as an insolvent
Solution & Step-by-step Explanation
Under Section 44 of the Indian Partnership Act, 1932, a court may order the dissolution of a partnership firm in specific circumstances on a suit brought by a partner. One such statutory ground is when a partner has become of unsound mind (insane).Other events like death, mutual consent, or insolvency generally lead to automatic dissolution or dissolution by agreement without necessary judicial intervention unless contested.