The Indian Partnership Act , 1932
S.39: Dissolution of firm – Only two partners – Retirement of one partner – Compulsory Dissolution – Accounts to be settled accordingly. [S. 37, 48]
Guru Nanak Industries and Anr. v. Amar Singh (Dead) through LR (MANU/SC/0453 /2020 (SC)/ AIR 2020 SC 2484