6

Oo

AHARSHI DAyANAND
UNIvERSITY
Rohfk

tomaton and Dissoltion

Pautnen shib
2nd Assiqnment

Submitted by
Suhmilcd tu
Ruha Shm
Rol No-752 D Neelam
Jain
MAA 2 3 C7CN)
PARTER SH1P

Heaning otPaotnonakap
Pavtneshib the nelakons hib existing
betwee two 9 mone
fewomy who Jo1
on 9trade Y busine
Catoy
Evety
J
etnon Conhibuhes hny opok
ab owl 0 skill ,and execte ds sh
AM toft Cnd dosem ot H
buusin eM

tuhmatien ot fodnership-
h to1mahon o q
fovutnutsp eouna
vo unlas asohion ofowvns usho
a businem
end nkend
conduc- the bsnem tor PofRE

Thne ern ons om an otneship

Cn oho
0ha agremen or
nfen
a9heumenh

Some h ehe nfosmatiom et4 in

h Patws h hument an
The name o he b i n e
2 The be buwine.
3 The ocahom fr businem
The
The Gmournt o Capital to be toni buhom

b each wttnu8
5 Hou Partill be shaned
ohat shold be dne a Pevtbu elies
o beome bankruupE:
Ho a 2 no+Pwrtn will be
vadmttted wto He Pantnewip
The CohdiH ons that
wilbun Hh Pewtunsl
Js qn end

AHogh hem no neouimerty

bby
Jaw to have wtlen fwmvh
usnaementh , advi
visable ls have
ha Umenlh JmLouDns, iq had
and dato Juy al! e evtwy.
Thi b e c a h e Hhe Paueturshih ogement
adh huide t ove1n Pamus on
a a

thui Condue duqhh, olutie cncd ,

eyponbly,
i lw helb fevent mi sund etsta ndinay
qno dsput hat may Occwt betteom o mon mon
Povrie n ttw

RAGISTAA TIONS OP PARTNGRSHIP ftRMS-

TRe Pavctnuship at 19JL doe, no Pno vide
Com soy vegstbahm ahms
But indenctly by cethg cotain dli'sasili le
fa ohuch an wiuht end f'ms sulteu,
has made Hhe ra'shetom thms
Comwo
Seehon deals h Eheh icablih e
Raugistativn hot
clee hot cncati Peotrwshib
only heliable evidenre a hu
eyistene apPavtnutshp.

ROCe DURE of R6GISTAA Tort oP

PARTNERSHIP fiRMS
youos stebs involvecd un th dugr'strehm
afram ane given below
Phae 1s obrain a aument in the nechbed
om om he ice Raqinhra f ims
whith qn
he Plae husinm.
o
im Sithato or oposed to
be &tuated

Phaye 2 Stt the olloLO ngs insmahn

um tatumenti

The rame of he tirnm

tha i m
The inciplu Place t
whura
im
h e nam) o h u Plae
on bunem.
on

olen each Patnu fushed

Patnvukad
ohith
9The a t

manent ddareae
The name n fll an Pert

the Pcotmu

cluwratin the fam

The
Phae-3 Gyet the slatument duly Veutred and
all he Pavltnus
gne b
cuuthous ed a ent

Phanc-> 4 fill dhe slatment alonq ih fnescnledu

ee wh
wh the Reqstoni' un h e im
tHe
 DISSOLUT |ON
Disseluwion 6m
Qissoluion of hm means dirsolHon o

on dissolutaBed irm
Pavttnoship an end.
Patnoship busines Come

eredidous au
1ealuseed and
ame ae

Puid
he buine Cannot be ontinuel a t n
diy yotuhion Pavtnoiohip tim.
Di soldim of Pardtnoship
v

DssoluHion Pattnotoki mean Hhe

ominatjon the oiuna Pasttnnah
h l m enth

A
A Pavtnotphidissolved by insolvancy
etinoment, expir or Co mpetei m
im ot Partnerghip.
Busne l l tontinu oflun dssobabm
Pottnushp.
tyThoe Pttnotshi between A 0, and e

Com e n end Cune Pardnwiship betoen

A Comes ns beun The eLoh m
ih A qnd w Purtus i ellad

ne con stitued m;
he Retrement oF Peuttnu inm q m
cloe not iss ol ve he tirm.
MDD6S of DISSOLUTION Of FIRM
Mode DissoluHion of Firm elsssnkied inh
n too
too

Disolutim
sithotut thu Apeement
CConcent cl he Pahum)
0nder o Cow|
ompdos vy
unlaw eel dunineo)

(ontlgent
Cfyhsi, Death Hhe Pavetnut ,lompll
ventunt
otic
Motice
 - t q no 2gieble
Dissoluhion b Cowtt
Cot.
Transfe otnteten
inSam
Pen ecunl losg
eHman ent
In Cab ai
stonaluet|

Posistent breach
o a e e ment

Rigkt ok Pwttnu on Ossodiom

1 h to enonce Loinolinq o r e
Pasttnr or hin reent ate us entilled

(D To hae mo no pety applieel in Payment

of firm debt

(b)To have h 3wtplus cllivbuted amongent

the Pasttn e on entatives aCco nelun
nesp etire

2 Right to Retwn f Pne mum

Rgh to fetonel ten
Pofit tnuw ten
Qissolim
h ohe avutnupkib contbet 3

fraud el
Resci nd o
5 Riqht tiRestrauun the o e tim '

uhie of aartnui on
Dissoludh m

lonh nun Liaki?h Pvrbrun

Lo ssoluh on e
done aten
Unti a Publu hotic in iven cdissoluion
Co n i nu to be

olone
b ey them dissolltion and
Sueh Ct t decmee Tbe qn a t clone

btbrose olissoluti m
2 Conti nung
uthoniy Patnum alt

to ous5olutim aimIthe euuthor o

a Pcottnur bind he tinm end h u
mlutul uo hs ane ohligat' on o h
Partnus nh nut S aw may be
b
hecemA
T ino aleuir tim qno
(1)
To Comp wnfinis keol baouuh ms Penclung
he dat Dissoud1om