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Cap. 168 · cap/168 (Cap. 168)

Cap. 168 Art. 5Different kinds of partnerships. particulars concerning partnerships in business letters, etc.

PART II

In forceOfficial text

A commercial partnership may be either -

(a) a partnership en nom collectif; or circulars issued or sent by a partnership, there shall be stated in legible characters the name and the registered office of the partnership and there shall be similarly stated, in respect of a partnership en non collectif or of a partnership en commandite, the names or initials and the surnames of the persons having the representation thereof, and, in respect of a limited liability company, the names or initials and the surnames of the individual directors and, in the case of a director being a body corporate, the name of the body corporate.

(2) Where a partnership is being wound up, every business letter, invoice or other document issued by or on behalf of the partnership or a liquidator thereof, being a document on or in which the name of the partnership appears, shall contain a statement that the partnership is being wound up.

(3) If a partnership fails to comply with any of the requirements of this article, every person having the administration or the representation of the partnership and, in respect of a limited liability company every officer of the company, and where a partnership is being wound up, every liquidator, who is in default shall be liable to a penalty not exceeding one hundred and sixteen euro and forty-seven cents (116.47).

Amendment history
  • Amended by L.N. 410 of 2007