Question

    According to Section 44 of the Indian Partnership Act,

    1932, the court, at the suit of a partner, may dissolve a firm on which of the following grounds? (i) Insanity of a partner (ii) Permanent incapability of a partner to do his duties (iii) If a partner is guilty of misconduct that might affect prejudicially the carrying on of the business
    A Only (i) and (ii) Correct Answer Incorrect Answer
    B Only (ii) and (iii) Correct Answer Incorrect Answer
    C (i), (ii) and (iii) Correct Answer Incorrect Answer
    D Only (i) and (iii) Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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