Duties of a general partner in a limited partnership

With reference to unincorporated associations in the law of persons: Outline the duties of a general partner in a limited partnership

Duties of a general partner in a limited partnership

  • He runs the affairs of the partnership firm and in the event of the dissolution; its affairs shall be wound up by the general partner.
  • His actions are binding on the partnership. The general partner shares in management. He is thus liable for all the debts and obligations of the firm



Share through

Leave a Reply

Your email address will not be published.