Name | Prohibited Acts and Business Transactions within a Partnership Enterprise |
---|---|
Description | Partners are prohibited from carrying out any acts or business transactions that compete with their own general partnership enterprise including: Engaging on his own behalf in a business transaction that is similar to the purpose of the general partnership enterprise; Engaging on his behalf of another person, such as being a manager or director of another enterprise, in a business transaction that is similar to the purpose of the general partnership enterprise; and Being a partner in another general partnership enterprise or being a general partner in a limited partnership enterprise. |
Comments | - |
Validity From | 26-12-2013 |
Validity To | 31-12-9999 |
Reference | Article 51 |
Status | Active |
Measure Type | Prohibition |
Agency Name | Enterprise Management and Inspection Authority |
Legal Document | Law on Enterprises No. 46/NA, dated 23 December 2013 |