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प्रश्न
Distinguish between 'Dissolution of Partnership' and 'Dissolution of Partnership Firm' on the basis of:
- Court's intervention
- Economic relationship
अंतर स्पष्ट करें
उत्तर
S. No. | Basis | Dissolution of Partnership | Dissolution of Partnership Firm |
1. | Court's intervention | Since a partnership is terminated by mutual agreement, the court does not get involved. | A court order can dissolve a business. |
2. | Economic relationship | The partners' economic relationship still exists, although in a modified manner. | The partners' economic relationship comes to an end. |
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