Professional Documents
Culture Documents
Rules On Management
Rules On Management
Rules On Management
b. He may be removed with or without just or lawful cause by the vote of the
partners owning the controlling interest (Art. 1800)
c. When there is stipulation that none of the managing partners shall act
without consent of the others, the acts validity requires concurrence of
all of them;
i. In case of absence of disability of one of the managing partners,
cannot be alleged, unless otherwise there is imminent danger of
grave or irreparable injury to the partnership
4. When the manner of management has not been agreed upon
a. All partners shall be considered agents of the partnership
b. Whatever any one of them may do alone shall bind the partnership
c. In case of opposition of the other partners, majority decision shall prevail,
further, in case of ties, partners with controlling interest shall prevail.