Section 42Chapter VI
Dissolution on the happening of certain contingencies
DISSOLUTION OF A FIRM
Subject to contract between the partners a firm is dissolved-
(a)
if constituted for a fixed term, by the expiry of that term;
(b)
if constituted to carry out one or more adventures or undertakings, by the completion thereof;
(c)
by the death of a partner; and
(d)
by the adjudication of a partner as an insolvent.