English
1/ Without prejudice to the general provisions
concerning the grounds for dissolution of business
organizations, a joint venture shall be dissolved on the
following grounds:
a) by unanimous decision of the partners for
dissolution;
b) a request for dissolution by one partner, where no
fixed term has been specified;
c) the acquisition by one partner of all the shares;
d) death, bankruptcy or incapacity of a partner, in the
absence of an agreement to continue the
partnership;
e) a decision of the manager, if such power is
conferred upon him in the agreement between the
partners.
2/ The provision of Sub-Article
(1) of this Article shall
apply notwithstanding any provision to the contrary in
the memorandum of association.
