All partners of a general partnership shall be considered managers of the company. The Constitutive Documents may, however, provide that the management shall be entrusted to one or more natural persons who may or may not be partners. If there are several managers and each one of them has a specific scope of authority, any manager shall not be accountable except for the acts that are within the scope of his/her authority. If the management is required to be performed by the managers collectively, the resolutions shall not be valid unless they are adopted unanimously or by the majority provided for in the Constitutive Documents. However, each manager may perform any urgent business which will result in damage or loss of profit to the company if not performed.
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.
