Home › CA Foundation › businesslaw › Partnership — Registration and Dissolution › A notice of dissolution of a partnership at will…
A notice of dissolution of a partnership at will, once given:
ARequires Registrar approval to take effect
BCannot be withdrawn except with the consent of all the partners
CCan be withdrawn unilaterally
DLapses automatically in 7 days
Answer & Solution
Correct answer: B. Cannot be withdrawn except with the consent of all the partners
A dissolution notice for a partnership at will, once given, cannot be withdrawn without the consent of all the partners.
Related questions
Public notice is NOT required in the case of:Under Section 49, where there are joint (firm) debts and separate (partner) debts, the firUnder Section 48, the assets of the firm (after dissolution) are applied in which order?Under Section 48, in settling accounts after dissolution, losses (including capital deficiUnder Section 47, after dissolution the authority of partners to bind the firm continues oUnder the proviso to Section 45, even without public notice, no liability for post-cessatiUnder Section 45, after dissolution the partners continue to be liable to third parties foWhich of the following is NOT a ground for dissolution by the court under Section 44?