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Indian partnership act

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

Deborah Susaiyappan

CA Inter

3K+

22-Sep-20 11:29

12

Answers (3)

Whatever is available will be used to pay liability.


Suraj Lakhotia

Suraj Lakhotia

Admin

23-Sep-20 12:25

If there is nothing . What will third party do


Deborah Susaiyappan

Deborah Susaiyappan

CA Inter

3K+

23-Sep-20 12:26

Loss


Suraj Lakhotia

Suraj Lakhotia

Admin

23-Sep-20 14:57