Cap. 386 Art. 59Limited partner cannot take part in management of partnership en or commandite limited partnership.

(1) A limited partner shall not perform any act of administration nor transact business on behalf of the partnership en commandite or limited partnership except by virtue of a power of attorney given for specified acts or transactions.

(2) If a limited partner acts in contravention of the aforesaid prohibition, he shall be bound, in regard to third parties, unlimitedly and jointly and severally with the general partners for all the obligations of the partnership en commandite or limited partnership and shall moreover be liable to be expelled from the partnership in accordance with the provisions of article 32: Provided that a limited partner acting in contravention of the prohibition contained in sub-article (1) shall not be expelled from the partnership if he proves that he had been acting on the instructions of the general partners.