मराठी

When the business of the firm becomes illegal, the way of dissolution of the firm is ______. - Accountancy

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प्रश्न

When the business of the firm becomes illegal, the way of dissolution of the firm is ______.

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उत्तर

When the business of the firm becomes illegal, the way of dissolution of the firm is dissolution.

Explanation:

When the business of a firm becomes illegal due to changes in law or government rules, the firm must be dissolved. Such dissolution is called compulsory dissolution because it is mandatory by law.

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