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Partnership - Coggle Diagram
Partnership
Internal relation
Parner's council (Highest decision making body)
Limited partners
Individual
Organization
Right and obligation
vote on amendments and supplements to the company's charter
vote to reorganize and dissolve the organization
General partner
Individual
Expelled from comapy
Captal withdraw
Capital tranfer
Still liable for the company's debt within 2 years
Right and obligation
Vote to admit new partners
Conducting business activities
Not the owners of private company or general partners of another company
not doing the same business for self-interest
Meeting conduction
Normal cases: >= 2/3 generral partners
Special cases: >= 3/4 general partners
Art.182
a) Orientation and development strategy of the company
b) Amending and supplementing the company's charter
c) Receiving new members
d) Approve general partners to withdraw from the company or decide to expel members;
d) Decide on investment projects;
e) To decide on borrowing and mobilizing capital in other forms, providing loans with a value of 50% or more of the company's charter capital, unless the company's charter stipulates a higher percentage
g) Decide to buy and sell assets with a value equal to or greater than the charter capital of the company, unless the company's charter stipulates a higher percentage
h) Approving the annual financial statements, the total profit to be distributed and the profit to be distributed to each member
i) Decision on dissolution; company bankruptcy petition
Director/G.D = General partners
External relation
Who sign contract
Regardless of the amount of capital contribution of members
Nature
Every member has the same right to sign a contract without the consent of the residual member
Legal person status
Partnership: company bear liability by its own assets
Partnership enterprises: Owners of partnership enterprise
Mature: having legal person
Calling Enterprise