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प्रश्न
Write any three differences between Dissolution of Partnership and Dissolution of Firm.
फरक स्पष्ट करा
उत्तर १
Dissolution of Partnership:
- In the case of dissolution of the partnership, only one or more of the partners terminate their connections with the firm.
- Dissolution of partnership may or may not bring the business of the firm to an end.
- In the dissolution of the partnership, the business will continue even after dissolution.
Dissolution of Firm:
- Whereas all the partners terminate their connections with the firms in the case of dissolution of the firm.
- But the dissolution of the firm brings the business of the firm to an end.
- But business cannot be continued in the case of dissolution of the firm.
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उत्तर २
Nature of Difference |
Dissolution of Partnership |
Dissolution of Firm |
Meaning | Dissolution of a partnership refers to the discontinuance of the relationship between the partner and other partners of the firm. | Dissolution of the firm implies that the entire firm ceases to exist, including the relationships among all the partners. |
Nature | Voluntary | Voluntary or compulsory |
Business | The business of the firm continues as before | The business of the firm comes to an end. |
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Dissolution of Partnership
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