Commercial Companies Law

Article 305 — Article (305) Court Judgment Dissolving General Partnership or Limited Partnership

Part Eight: Termination of the Company's MOA · Chapter One: Reasons for Termination of Companies

1. A court judgment may be issued to dissolve a General Partnership or Limited Partnership upon the request of a partner, if the court finds good cause for dissolution. A court judgment may also be made to dissolve the Company upon the request of a partner due to another partner's failure to honor his commitments. 2. If the reasons for dissolution arise from the acts of a partner, a court order may be made for his withdrawal from the Company. In such case, the Company shall continue between the remaining partners and the exiting partner's share shall be excluded after being assessed according to the most recent inventory or by any other method the court may wish to follow. 3. Any provision depriving a partner from exercising his right to dissolve the Company through court shall be deemed void ab initio.

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