At the suit of a partner, the Court may dissolve a firm on any of the
following grounds, namely:—
(a) that a partner has become of unsound mind, in which case the suit may be brought as well by
the next friend of the partner who has become of unsound mind as by any other partner;
(b) that a partner, other than the partner suing, has become in any way permanently incapable of
performing his duties as partner;
(c) that a partner, other than the partner suing, is guilty of conduct which is likely to affect
prejudicially the carrying on of the business, regard being had to the nature of the business;
(d) that a partner, other than the partner suing, wilfully or persistently commits breach of
agreements relating to the management of the affairs of the firm or the conduct of its business, or
otherwise so conducts himself in matters relating to the business that it is not reasonably practicable
for the other partners to carry on the business in partnership with hint;
(e) that a partner, other than the partner suing, has in any way transferred the whole of his interest
in the firm to a third party, or has allowed his share to be charged under the provisions of rule 49 of
Order XXI of the First Schedule to the Code of Civil Procedure, 1908 (5 of 1908), or has allowed it to
be sold in the recovery of arrears of land-revenue or of any dues recoverable as arrears of landrevenue due by the partner;
(f) that the business of the firm cannot be carried on save at a loss; or
(g) on any ground which renders it just and equitable that the firm should be dissolved.