Hi iam here for my relative question who wants to...

We would like to inform you that if the manager is a partner or is not a partner, he may resign from the management, provided that he notifies the partners in writing of his resignation sixty days before its effective date unless his contract stipulates otherwise.

 Otherwise, he shall be liable for compensation, and the manager's resignation shall not result in the dissolution of the company unless the contract stipulates otherwise.

1- Unless the company’s articles of incorporation stipulate otherwise, the partner may withdraw from the general partnership company by written agreement with the rest of the partners.

In the event of disagreement, the partner may file a case to the competent court to issue a judgment of withdrawal, provided that the remaining partners are notified by registered mail of that at least sixty days prior to the date he specified for withdrawal.

The company has the right to demand any compensation from the withdrawing partner if it is necessary.

2- The withdrawing partner shall remain jointly liable with the rest of the partners in the company for the debts and obligations incurred by it prior to his withdrawal from it.

He is considered a guarantor of his personal funds with the rest of the partners.

3- A partner withdrawing from the company shall not be discharged from the obligations incurred by the company after his withdrawal unless the withdrawal is entered in the Commercial Register and announced in two local daily newspapers, one of which is issued in the Arabic language, and thirty days have passed since the completion of the last procedure.

4- If the company consists of two partners and one of them withdraws, the other partner may, within six months from the date of entering the withdrawal in the commercial register, enter one or more new partners into the company in place of the withdrawing partner.

Otherwise, the company shall be deemed legally dissolved