Dissolution example sentences

When a partner has agreed to undertake the dissolution work for an agreed remuneration bear the realisation expenses.According to Section 39 of the partnership Act 1932, the dissolution of partnership between all the partners of a firm is called the dissolution of the firm.The conditions of precipitation of the salt from their solutions or their dissolution in water are worked out.This brings an end to the existence of firm, and no business is transacted after dissolution except the activities related to closing of the firm as the affairs of the firm are to be wound up by selling firm s assets and paying its liabilities and discharging the claims of the partners.This does not necessarily involve dissolution of the firm.As stated earlier dissolution of partnership changes the existing relationship between partners but the firm may continue its business as before.Strong electrolytes on dissolution in water are ionized almost completely, while the weak electrolytes are only partially dissociated.That means the Act recognises the difference in the breaking of relationship between all the partners of a firm and between some of the partners; and it is the breaking or discontinuance of relationship between all the partners which is termed as the dissolution of partnership firm.The beginning of diplotene is recognised by the dissolution of the synaptonemal complex and the tendency of the recombined homologous chromosomes of the bivalents to separate from each other except at the sites of crossovers.If the lattice enthalpy is very high, the dissolution of the compound may not take place at all.Murray case, which states that the solvent partners have to bear such loss in the ratio of their capitals as on the date of dissolution.In the case of a dissolution of a firm, the firm closes its business altogether and realises all its assets and pays all its liabilities.In other words, it results in the dissolution of a partnership but not that of the firm.Thus, all accounts of a firm are closed in case of dissolution.The dissolution of a firm implies the discontinuance of partnership business and separation of economic relations between the partners.