Cap. 386 Art. 4Formation of commercial partnerships and different kinds of commercial partnerships.

(1) A commercial partnership may be of the following kinds:

(a) a partnership or en nom collectif;

(b) a partnership or limited partnership; or en commandite

(c) a company.

(2) A commercial partnership other than a company may be formed for the exercise of one or more acts of trade.

(3) A company may be formed for any lawful purpose and shall have the status of -

(a) a public company; or

(b) a private company.

(4) A commercial partnership has a legal personality distinct from that of its member or members, and such legal personality shall continue until the name of the commercial partnership is struck off the register, whereupon the commercial partnership shall cease to exist.