Dissolution Of Partnership By Mutual Agreement
A partner cannot maintain a business if he is not satisfied with the way the company has been managed by the other partners without seeking the dissolution of the firm. Therefore, the dissolution of a partnership company is a decision taken jointly by all partners in order to terminate the commercial agreement concluded between them. There are many ways to dissolve a partnership company. Yes, even if the partnership is dissolved, you and your partner(s) can be continued during and after the dissolution process. There are a few different agreements you want to have, which govern how your business partnership or limited liability company can be dissolved without creating additional relentlessness among the partners….