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of <h1>Partnership Firm Dissolution: Key Contingencies Under Indian Partnership Act, 1932 Include Term Expiry, Completion of Ventures, Partner's Death</h1> A partnership firm is dissolved under certain contingencies as per the Indian Partnership Act, 1932, unless otherwise agreed by the partners. These contingencies include the expiration of a fixed term for which the firm was constituted, the completion of specific ventures or undertakings, the death of a partner, or the adjudication of a partner as insolvent.
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