Section 20 Partnership Act, 1932 Explained: Dissolution of firm on the death of a partner | Nyaya

Statutory Content

What does Section 20 of Partnership Act, 1932 say?

Where a partner dies, the firm is dissolved by the death of that partner, unless the surviving or continuing partners agree to continue the business in the name of the firm or in a new name with the same or a changed object as the firm.

Indian StandardSection 20, Partnership Act, 1932

Bluebook (21st ed.)Partnership Act, 1932, § 20 (India)

Court Pleading StandardSection 20 of the Partnership Act, 1932

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 20 Partnership Act, 1932

What is Section 20 of Partnership Act, 1932?

Section 20 of the Partnership Act, 1932 (Partnership Act, 1932) defines and regulates "Dissolution of firm on the death of a partner". The section states: Where a partner dies, the firm is dissolved by the death of that partner, unless the surviving or continuing partners agree to continue the business in the name of the firm or in a...

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