Explain the ways in which a Partnership may be dissolved without a court order

Performance of the undertaking. Completion of the undertaking.

  • Lapse of time-if the duration is fixed.
  • At will: – a partner notifies the others of his intention to have the firm dissolved.
  • Mutual consent. If all partners agree.
  • Death of a partner. Unless the partnership deed otherwise provides.
  • Bankruptcy of a partner. Unless the partnership deed otherwise provides.
  • Illegality: if the firms business becomes illegal reason of change of law.
  • Charging of a partners a court order for a private debt.



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