The partnership firm of which I was one of the partners has been dissolved. What are the rights of the partners after dissolution of the firm?

The partnership firm of which I was one of the partners has been dissolved. What are the rights of the partners after dissolution of the firm?

Every partner will be entitled to have the property of the firm applied in payment of liabilities of the firm and thereafter to distribute the surplus, among the partners. Section 46 and 48 are two main sections, which are applicable after dissolution of the firm regarding distribution of the assets of the firm and for settlement of accounts.

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