Contracts Act · s 207

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s 207When court may dissolve partnership

At the suit of a partner, the court may dissolve the partnership in the following cases —

(a)

when a partner becomes of unsound mind;

(b)

when a partner, other than the partner suing, has been adjudicated bankrupt under any law relating to bankruptcy;

(c)

when a partner, other than the partner suing, has done any act by which the whole interest of such partner is legally transferred to a third person;

(d)

when any partner becomes incapable of performing his part of the partnership contract;

(e)

when a partner, other than the partner suing, is guilty of gross misconduct in the affairs of the partnership or towards his partners;

(f)

when the business of the partnership can only be carried on at a loss.