Commercial Companies Law

Commercial Companies Law — Article 27

Distribution of the profits and losses shall be in the proportion of the contribution to the share capital unless the Constitutive Documents provide otherwise, and any provision which deprives a partner or a shareholder from participation in the profits or exempts him/her from losses shall be null and void, and in that case, the share of the partner or shareholder in the profits or losses shall be determined in the proportion of his/her contribution to the share capital.

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