Cap. 168 Art. 30A partner may not compete with partnership.

(1) A partner shall not, in competition with the partnership and without the express consent of the other partners, carry on business on his own account or on account of others or be a partner with unlimited liability in another partnership.

(2) If a partner acts in contravention of the provisions of sub-article (1), the partnership may, at its option, either take action for damages and interest against the offending partner or demand payment of any profit made by him in violation of the aforesaid prohibition.

(3) The exercise of the rights conferred by sub-article (2) shall be barred by the lapse of one year from the date of the contravention.