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Section 49: Dissolution of limited liability partnership

Limited Liability Partnerships Act · PART IX: APPLICATION OF THE INSOLVENCY ACT AND DISSOLUTION 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.

49. Dissolution of limited liability partnership (1) A limited liability partnership shall be dissolved on the occurrence of any of the following events— (a) on the happening of any event specified in that respect in the partnership agreement; (b) on the expiry of its fixed duration, unless a notice of its continuance is filed with the Registrar not less than 15 days before the date of expiration; (c) where the limited liability partnership is for an unlimited duration, on the agreement of all of the partners; (d) on a Court order to that effect. (2) Unless otherwise provided in the partnership agreement, a limited liability partnership shall not be dissolved by— (a) a change in the partners; or (b) the bankruptcy, death, retirement, removal, resignation, legal incapacity or dissolution of any partner, whether an individual, a body corporate or an unincorporated body. [Issue 9] L15A1 – 26 Revised Laws of Mauritius (3) A limited liability partnership shall not be dissolved unless a notice of dissolution signed by all the partners is filed with the Registrar and published in the Gazette and 2 daily newspapers.

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