The company may retain in its name the name of a partner who has withdrawn therefrom or has died, if that is agreed to by the partner who has withdrawn or the heirs. The partner who has withdrawn from the company shall not be liable for the debts incurred by the company subsequent to the date of registration of his/her withdrawal therefrom, unless he / she agrees for his/her name to continue among the names of the other partners. In such case, the partner who has withdrawn shall be jointly liable to any person who deals with the company in good faith, provided that such withdrawal shall be published in the place of publication specified by the Regulations. The heirs of a partner shall be jointly liable to the extent of all their property to any person who deals with the company in good faith, if they agree to the continuity of the name of the person inherited by them in the name of the company.
This site currently publishes a verified part of the instrument; the remaining provisions continue to exist and apply independently of their absence from this corpus. Interpretation and application must be checked against the official Arabic text and the current version.
