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Section 15: Relationship of partners

Limited Liability Partnerships Act · PART III: NATURE OF LIMITED LIABILITY PARTNERSHIP

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

15. Relationship of partners (1) Every limited liability partnership shall have a partnership agreement. [Issue 9] L15A1 – 8 Revised Laws of Mauritius (2) Unless otherwise provided in this Act, the mutual rights and duties of a limited liability partnership and its partners shall be governed by the partnership agreement of the limited liability partnership. (3) Any reference to a resolution of partners of a limited liability partnership for a particular matter shall be a reference to a resolution passed by all or such number of partners as may be required by the partnership agreement. (4) A partnership agreement shall be binding on the partners and subsequent partners in the same manner as if all those persons had themselves executed it. (5) (a) Subject to any provision of a partnership agreement, a partnership agreement may be amended by written resolution. (b) Where a partnership agreement does not make provision for its amendment, it may be amended by the unanimous agreement of all the partners. (6) Any amendment made to a partnership agreement under this section shall be binding on every existing and subsequent partner. (7) A partnership agreement may, to the extent specified in it, confer rights upon any person, including a person who is not a party to the partnership agreement. (8) A partnership agreement shall provide for the circumstances in which the interest of the partners may be transferable.

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