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Indian Partnership Act,1932

Act No : 9


Section : RIGHTS OF PARTNERS TO HAVE BUSINESS WOUND UP AFTER DISSOLUTION

SECTION 46: RIGHTS OF PARTNERS TO HAVE BUSINESS WOUND UP AFTER DISSOLUTION
On the dissolution of a firm every partner or his representative is entitled, as against all the other partners or their representatives, to have the property of the firm applied in payment of the debts and liabilities of the firm, and to have the surplus distributed among the partners or their representatives according to their rights.



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