In force2023 Revised EditionCurrent version · 2023 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Contracts Act · 2023 Revised Edition · Part · Partnership
Contracts Act · 2023 Revised Edition · Part · Partnership
Official textFrom Attorney General's Chambers, unchanged
At the suit of a partner, the court may dissolve the partnership in the following cases —
when a partner becomes of unsound mind;
when a partner, other than the partner suing, has been adjudicated bankrupt under any law relating to bankruptcy;
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;
when any partner becomes incapable of performing his part of the partnership contract;
when a partner, other than the partner suing, is guilty of gross misconduct in the affairs of the partnership or towards his partners;
when the business of the partnership can only be carried on at a loss.