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N. K. Gupta posted an Question
April 04, 2021 • 14:37 pm
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Garner vs murray case study in short and their conclusion
garner Vs Murray case study in short and their conclusion
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Rucha rajesh shingvekar Best Answer
In the event of the insolvency of a partner any losses should be shared in the ratio of the last agreed capital balances before the dissolution took place. This is known as the Garner v Murray rule.
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Rucha rajesh shingvekar![best-answer]()
conclusion A case (1904) cited in the determination of the dissolution of a partnership. ... In the event of the insolvency of a partner any losses should be shared in the ratio of the last agreed capital balances before the dissolution took place. This is known as the Garner v Murray rule.