Court can order dissolution of a partnership firm when:

(a) A partner becomes insane.

(b) A partner becomes permanently incapable of performing his duties as a partner.

(c) A partner is guilty of misconduct which is likely to affect prejudicially the business of the firm.

ADVERTISEMENTS:

(d) A partner willfully and persistently commits breach of partnership agreement.

(e) A partner unauthorized transfers the whole of his interest in the firm to a third person.

(f) The business of the firm cannot be carried on except at a loss,

(g) It is just and equitable to dissolve the firm.