Companies Act (Cap. 386)
Companies Act (Cap. 386), article 332
332. (1) Upon the conversion of a commercial partnership
which has become effective either through the lapse of the period
referred to in article 334 or, where objection is made under that
article, by a decision of the court, the Registrar shall strike the
name of the commercial partnership that has been converted off the
register and shall issue a new certificate of registration for the
commercial partnership resulting from the conversion, denoting the
fact of the formation of that commercial partnership as a result of
the conversion. Where a conversion which has been registered
under this article becomes ineffective by a decision of the court
under article 334, the Registrar shall amend the registration
accordingly.
(2) The Registrar shall, in the cases specified in sub-article (1),
either proceed to publish the conversion after it has become
effective or to publish a notice that the conversion has become
ineffective by decision of the court under article 334, in accordance
with the provisions of article 401(1)(e).
Partners with
unlimited liability
to remain bound
unless creditors
consent to
conversion.
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.