Companies Act (Cap. 386)
Companies Act (Cap. 386), article 63
63. (1) Unless the deed of partnership otherwise provides, a
limited partner may assign his interest in the partnership en
commandite or limited partnership:
Provided that, if the contribution of a limited partner is not
fully paid up, any assignment of h is interest in the partnershi p shall
not have effect, with r egard to the partner ship, unless it is m ade
with the consent of all the general partners.
(2) Unless the deed of partnership otherwise provides, any
changes in the deed of partnership which deprive limited partne rs
of any of their rights shall require the unanimous consent of a ll the
general partners and of a ll the limited partners.
Death or expulsion
of limited partner.
Amended by:
IV . 2003.35.
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