1. Unless the MOA of the Company stipulates otherwise, any partner may withdraw from a General Partnership under a written agreement with the other partners. In the absence of such agreement, the partner may file a case with the competent court to obtain a withdrawal judgment, provided that the other partners are served with a prior notice of not less than 60 days by registered mail before the proposed date of withdrawal. The Company shall be entitled to claim from the withdrawing partner pay any compensation, as applicable. 2. The withdrawing partner shall remain jointly liable with the other partners of the Company for the debts and obligations of the Company prior to his withdrawal, and shall be liable for the same to the extent of his own assets, together with the other partners. 3. Any partner withdrawing from the Company shall not be relieved of any obligations assumed the Company after his withdrawal, unless such withdrawal is recorded in the commercial register and announced in two daily local newspapers; one of which is published in Arabic, and 30 days have lapsed of the date of the completion of the latter action. 4. If the Company consists of two partners and one of them withdraws, the other partner may, within six [6] months of the date of recording the withdrawal in the commercial register, bring into the Company one or more new partners in place of the withdrawing partner; otherwise, the Company shall be deemed dissolved ipso facto.
Interpretation and application must be checked against the official text and current version.