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Structural division: BOOK TWO › party › CHAPTER FOUR
Article 203 — Dismissal of Manager
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ A partner appointed as a manager in the memorandum of association or in an amendment thereto may be dismissed by the partners in accordance with the rules that apply to the approval or amendment of the memorandum.
2/ A manager who is not a partner or a partner appointed as a manager not in the memorandum or an amendment thereto per Sub-Article
(1) of this Article may be dismissed by a majority vote of the partners.
3/ A manager may be dismissed by the court for good cause at the request of a partner.