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Home / Codes / Article 68. Exclusion of a participant from a full partnership of the Civil Code of the Republic of Kazakhstan

Article 68. Exclusion of a participant from a full partnership of the Civil Code of the Republic of Kazakhstan

АMANAT партиясы және Заң және Құқық адвокаттық кеңсесінің серіктестігі аясында елге тегін заң көмегі көрсетілді

Article 68. Exclusion of a participant from a full partnership of the Civil Code of the Republic of Kazakhstan

     1. Participants in a general partnership have the right to demand in court the exclusion of one or more participants from the partnership by a unanimous decision of the remaining participants and if there are valid reasons for this, in particular, a gross violation of their duties or a proven inability to conduct business.

     2. A participant excluded from a general partnership shall be paid the value of a part of the property in accordance with the procedure specified in paragraph 2 of Article 67 of this Code.

 

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The commentary to Article 70 of the Civil Code speaks about the subsidiary joint liability of the founders of a general partnership for its debts; Article 84 of the Civil Code - about the subsidiary liability of participants in the TDO, and paragraph 3 of Article 96 of the Civil Code - about the subsidiary liability of members of a production cooperative for debts of the last Civil Code of the Republic of Kazakhstan

The commentary to Article 70 of the Civil Code speaks about the subsidiary joint liability of the founders of a general partnership for its debts; Article 84 of the Civil Code...

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The commentary to Article 70 of the Civil Code speaks about the subsidiary joint liability of the founders of a general partnership for its debts; Article 84 of the Civil Code - about the subsidiary liability of participants in the TDO, and paragraph 3 of Article 96 of the Civil Code - about the subsidiary liability of members of a production cooperative for debts of the last Civil Code of the Republic of Kazakhstan

The commentary to Article 70 of the Civil Code speaks about the subsidiary joint liability of the founders of a general partnership for its debts; Article 84 of the Civil Code...

Read completely »