I and two other partners B & C have a partnership firm running for 25 years. Partner B died five yearsback and Partner C has not been involved in the firm business for past 15 years as he is involved in his own sepearate business.
On the death of Partner B, a notice of his death was informed to the Bank where the account of the firm exists. The Bank ceased the firm's account and it has been in that state since then.
Since the firm cannot operate any financial transaction which means no business whatsoever, does the partnership firm stands dissolved?
