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What is dissolution of a partnership firm?
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What is dissolution of a partnership firm?
On dissolution of the firm, the business of thefirm ceases to exist since its affairs are would up by selling the assets and by paying the liabilities and discharging the claims of the partners. The dissolution of partnershipamong all partners of a firm is calleddissolution of the firm.
Community Answer
What is dissolution of a partnership firm?
When the partners have to close the company by any Reason then it is called dissolution of company
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What is dissolution of a partnership firm?
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