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Section 37

of Partnership Act 1961

ActIn forceProvision 37 of 47

Section 37

On application by a partner, the court may decree a dissolution of the partnership in any of the following cases:

(a)

when a partner is found lunatic or is shown, to the satisfaction of the court, to be of permanently unsound mind, in either of which cases the application may be made as well on behalf of that partner

PARTNERSHIP by his committee, or next friend, or person having title to intervene as by any other partner;

(b)

when a partner, other than the partner suing, becomes in any other way permanently incapable of performing his part of the partnership contract;

(c)

when a partner, other than the partner suing, has been guilty of such conduct as, in the opinion of the court, regard being had to the nature of the business, is calculated to affect prejudicially the carrying on of the business;

(d)

when a partner, other than the partner suing, wilfully or persistently commits a breach of the partnership agreement or otherwise so conducts himself in matters relating to the partnership business that it is not reasonably practicable for the other partner or partners to carry on the business in partnership with him;

(e)

when the business of the partnership can only be carried on at a loss; and

(f)

whenever in any case circumstances have arisen which, in the opinion of the court, render it just and equitable that the partnership be dissolved.