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Indian Partnership Act, 1932

Section - 46 - Rights of partners to have business wound up after dissolution

Right of partners to have business wound up after dissolution

46. On the dissolution of a firm every partner or his representative is entitled, as against all the other partners or their representatives, to have the property of the firm applied in payment of the debts and liabilities of the firm, and to have the surplus distributed among the partners or their representatives according to their rights.

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