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mediumMCQCUET Accountancy 2025 14 May Shift 22026Accountancy
1 mark

The Court may order a partnership firm to be dissolved under Section 44 of the Act in which of the following scenarios?

  1. A
    When the business of the firm becomes illegal
  2. B
    On the death of a partner
  3. C
    When a partner becomes permanently insane
  4. D
    On the expiry of the pre-determined term of the partnership

Solution & Step-by-step Explanation

Under the Indian Partnership Act, 1932:Compulsory Dissolution (Section 41): Happens when the business becomes illegal.Dissolution on Happening of Contingencies (Section 42): Happens on the death of a partner or expiry of the term.Dissolution by the Court (Section 44): A suit can be filed by a partner, and the court can order dissolution if a partner becomes of unsound mind (insane).

Practice this question

Try it yourself before checking the explanation above.

The Court may order a partnership firm to be dissolved under Section 44 of the Act in which of the following scenarios?
A
When the business of the firm becomes illegal
B
On the death of a partner
C
When a partner becomes permanently insane
D
On the expiry of the pre-determined term of the partnership

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