Insolvency of a partner

The partner cannot continue as one in the firm after being insolvent. The partner ceases to be a partner from the date on which the order of adjudication is made.

Transfer of partnership can be done as per the articles of association of the company, if there is a provision for that. 

Since "X" is stated to have been declared insolvant after considering assets vis-a-vis liabilities and liquidation of his firm "A" his firm "B" , accordingly no assets are left unaccounted in case of firm "B".

So many "ifs" make the query as hypothetical and academic, repost if it is a real story.