Proper party to proceeding

Current

A limited partner in an incorporated limited partnership, in the capacity of a limited partner, is not a proper party to any proceeding commenced in a court or tribunal by or against the incorporated limited partnership, other than a proceeding commenced by —

(a)

the incorporated limited partnership against the limited partner; or

(b)

the limited partner against the incorporated limited partnership.

This Act’s bill:Explanatory memorandum Second reading speech

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77 Proper party to proceeding