40Dissolution by agreement.
Section 40 · Chapter VI · page 10 of the Act
A firm may be dissolved with the consent of all the partners or in accordance with a contract between the partners.
Chapter VI · Dissolution of a Firm
Section 40 of The Indian Partnership Act, 1932 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.