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Court can make an order to dissolve the firm when :
Some partner has become fully mad
Partnership deed is fully followed
Continued future profits are expected
Firm is running legal business
- A court can order the dissolution of a firm if certain conditions are met.
- If a partner becomes fully incapacitated to manage responsibilities, such as through insanity, the firm may be dissolved.
- Option 2, Partnership deed is fully followed, would likely maintain the firm's stability.
- Option 3, Continued future profits, implies a healthy business.
- Option 4, Firm running legal business, suggests no need for dissolution.
Option:1, Some partner has become fully mad is correct.
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