Disolution by court

Dissolution by court:

The court may be at the suit of a partner, dissolve a firm on the following grounds-

1.insantry:

Where a partner has become of unsound mind the court may dissolve the firm on the petition of any of the other partners or by the next friend if the instand partner.

2.permenant incapacity:

Where a partner, other than the partner suing has become in any way permanently incapable of performing his duties as a partner.

3.miscondect:

Where a partner other than the partner suing is guilty of misconduct and it is likely to affect the carrying on of the business regared being had to the nature of the business.

4.persistent breach of agreement:

Where a partner other than the partner suing wilfuly or persistently commits breach of the firm or the conduct of its business.agreements relating to the management of the affairs of the firm or the conducts himself in the partners.

5.Transfer of intrest:

Where a partner has in any way transferred the whole of his intrest in the firm to a third party or where his share has been attached under a decree, or sold in the recovery of arrears of land revenue.