55. Dissolution and disposal of property of partnership

Where a member of a partnership is a mentally disordered person, the Court may dissolve the partnership on an application of the other partners or of any other person who appears to the Court to be entitled to require the dissolution.

Upon the dissolution of the partnership under subsection (1) or by an order of Court or due course of law, the appointed person of the estate of the mentally disordered person may, in the name and on behalf of the mentally disordered person, join with the other partners in disposing of the partnership property upon such terms, and shall do all acts for carrying into effect the dissolution of the partnership, as the Court thinks fit and proper.