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Chapter: | 38
![]() | Title: | PARTNERSHIP ORDINANCE | Gazette Number: | |
| Section: | 35 | Heading: | Dissolution by bankruptcy, death, or charge | Version Date: | 30/06/1997 |
(1) Subject to any agreement between the partners, every partnership is dissolved as regards all the partners by the death or bankruptcy of any partner.
(2) A partnership may, at the option of the other partners, be dissolved if any partner suffers his share of the partnership property to be charged under this Ordinance for his separate debt.