https://www.taxtmi.com/acts?id=7456 A partnership is compulsorily dissolved when an event renders it unlawful for the firm's business to be carried on or for the partners to carry it on in partnership; however, illegality confined to one or more separate adventures of a multi-venture firm does not automatically dissolve the firm as to its lawful adventures. A former clause on adjudication of partners as insolvent was omitted by later enactment. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 10 Jan 2018 10:54:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7456 A partnership is compulsorily dissolved when an event renders it unlawful for the firm's business to be carried on or for the partners to carry it on in partnership; however, illegality confined to one or more separate adventures of a multi-venture firm does not automatically dissolve the firm as to its lawful adventures. A former clause on adjudication of partners as insolvent was omitted by later enactment. Act-Rules Partnership Firms Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7456