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Indian partnership act

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If court has dissolved the firm due to insolvency of all the partners , than how can they pay their liabilities to the outsiders or third party.

Deborah Susaiyappan

CA Foundation

★ 8K+

22-Sep-20 11:29

329

Answers (3)

Whatever is available will be used to pay liability.

CA Suraj Lakhotia

Admin

23-Sep-20 12:25

If there is nothing . What will third party do

Thread Starter

Deborah Susaiyappan

CA Foundation

★ 8K+

23-Sep-20 12:26

Loss

CA Suraj Lakhotia

Admin

23-Sep-20 14:57

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