Dissolution of partnership firm in Nepal



Dissolution of partnership firm in Nepal

 

  1. Existing partners can dissolve the firm by another agreement
  2. Dissolution by notice, any partner can dissolve the firm by giving notice to all the partners
  3. If any partner is unable to take responsibility of partnership deed.
  4. If partner do not pay the amount payable to the firm
  5. If shares are transferred without consent of other partners
  6. If right of partners is taken over by the court of compensation
  7. Liable for negligence
  8. Death of partner
  9. Dissolved by concerned department
  10. Commits illegal work or violate the rules of the firm
  11. If not renewed in given time.