CAP. 31]
[s. 5 cont.]
Actions against firm registered as partner in registered partnership.
Dissolution and wind-ing-up of registered partnerships.
(Cap. 32.)
Chinese Partnerships.
(8) The burden of proving that assets in his possession are unconnected with the registered partnership shall be on the person who seeks to have his liability limited under this section.
(9) No member of a firm or family t'ong which is registered as a partner other than the registered representative thereof shall take part in the management of the business of the registered partnership or shall have power to bind the registered partnership: Provided that any member of such a firm or t'ong may by himself or his agent at any time inspect the books of the firm and examine into the state and prospects of the partnership business.
If a member of such a firm or t'ong other than the registered representative thereof takes part in the management of the business of the registered partnership, he shall be personally liable to an unlimited extent for all debts and obligations of the registered partnership incurred while he so takes part in the management thereof.
(10) A firm or family t'ong registered as a partner in a registered partnership may be sued in its firm or t'ong name in respect of the debts and obligations of the registered partnership, and service on its registered representative shall be deemed sufficient service on the partners in the firm or the members of the t'ong.
6. (1) A registered partnership shall not be dissolved by the death or bankruptcy or admission or succession or retirement of a partner; and the lunacy of a partner shall not be a ground for dissolution of the partnership by the court unless the lunatic's share cannot be otherwise ascertained and realized.
(2) In the event of the dissolution of a registered partnership, its affairs shall be wound up by the partners unless the court otherwise orders.
(3) Applications to the court to wind up a registered partnership shall be by petition under the Companies Ordinance, and the provisions of such Ordinance relating to the winding-up of companies by the court and of the rules made thereunder (including provisions as to fees) shall, subject to such modification (if any) as the Governor in
CAP. 31]
[s. 5 cont.]
Actions against firm registered as partner in registered partnership.
Dissolution and wind- ing-up of registered partnerships.
(Cap. 32.)
Chinese Partnerships.
(8) The burden of proving that assets in his possession are unconnected with the registered partnership shall be on the person who seeks to have his liability limited under this section.
.
(9) No member of a firm or family t'ong which is registered as a partner other than the registered representa- tive thereof shall take part in the management of the busi- ness of the registered partnership or shall have power to bind the registered partnership: Provided that any member of such a firm or t'ong may by himself or his agent at any time inspect the books of the firm and examine into the state and prospects of the partnership business.
If a member of such a firm or t'ong other than the registered representative thereof takes part in the manage- ment of the business of the registered partnership, he shall be personally liable to an unlimited extent for all debts and obligations of the registered partnership incurred while he so takes part in the management thereof.
(10) A firm or family t'ong registered as a partner in a registered partnership may be sued in its firm or t'ong name in respect of the debts and obligations of the registered partnership, and service on its registered representative shall be deemed sufficient service on the partners in the firm or the members of the t'ong.
6. (1) A registered partnership shall not be dissolved by the death or bankruptcy or admission or succession or retirement of a partner; and the lunacy of a partner shall not be a ground for dissolution of the partnership by the court unless the lunatic's share cannot be otherwise ascertained and realized.
(2) In the event of the dissolution of a registered partnership, its affairs shall be wound up by the partners unless the court otherwise orders.
(3) Applications to the court to wind up a registered partnership shall be by petition under the Companies Ordinance, and the provisions of such Ordinance relating to the winding-up of companies by the court and of the rules made thereunder (including provisions as to fees) shall, subject to such modification (if any) as the Governor in
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