Companies Act (Cap. 386)

Companies Act (Cap. 386), article 191

Official PDF on legislation.mt

191. (1) Where all the partners of a partnership en nom collectif or where all the partners having unlimited liability of a partnership en commandite or limited partnership, the capital of which is not divided into shares , are themselves partnerships en commandite or limited partnerships, the capital of which is divided into shares, the provisions of Chapter IX and of this Chapter o f this Title shall, in so far as they are applicable, apply to such a partnership. (2) The provisions of sub-article (1) shall also apply where all the partners of a partnership en nom collectif or where all the partners having unlimited liability of a partnership en commandite or limited partnership the capital of which is not divided into shares are themselves companies, or are partnerships or firms constitu ted or incorporated outside Malta which are of a type which is comparable to that of a compan y or that of a partnership en commandite or limited partnership the capital of which is divided into shares as regul ated by this Act. (3) Where all the partners of a partnership en nom collectif or where all the partners having unlimited liability of a partners hip en commandite or limited partnership the capital of which is not 132 CAP. 386.] COMP ANIES divided into shares are themselv es companies or are partnership s en commandite or limited partnerships the capital of which is divided into shares, or are commercial p artnerships to which sub-articl e (1) or sub-article (2) applies, the provisions of Chapter IX and of this Chapter of this Title shall, in so far as applicable, apply to such a partnership, provided that the provisions of article 184 shall not apply to partnerships governed by this article. Chapter XI - Distributio n of Profits and Assets Certain distributions prohibited.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.