Practice question
A partner seeks judicial dissolution because reliable evidence shows the firm can only operate at a loss. Separately, another firm seeks dissolution because a partner persistently breaches the agreement and makes carrying on together not reasonably practicable. Explain the Article1831 grounds without requiring a prior criminal conviction.
Legal references
- Civil Code RA386: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html Articles1830(4),1831 and1839.
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