International Limited Partnership Order, 2000 · As enacted
16. Legal proceedings
Official textFrom Attorney General's Chambers, unchanged
Subject to subsections (2) and (3), legal proceedings by or against an ILP may be instituted by or against any one or more of the general partners only; and no limited partner shall be a party to such proceedings.
ILP
"ILP" means an international limited partnership, within the meaning of section 4;
If the court considers it just and equitable to do so, it may authorise a general partner or any other person to join in or otherwise institute proceedings against any one or more of the limited partners to enforce a liability arising under sections 6(2) or 10(3).
A limited partner may institute any proceedings on behalf of an ILP if any one or more of the general partners having authority to institute those proceedings have, without good cause, refused to do so.
limited partner
"limited partner" means a person who has been admitted to an ILP as a limited partner and who has complied with section 6;
Terms defined in s 2
general partner
Defined · s 2"general partner" means a person who has been admitted to a partnership as a general partner in accordance with the partnership agreeinent and who is named as a general partner in the statement:&led with the ILP Registrar pursuant to section 13;
ILP
Defined · s 2"ILP" means an international limited partnership, within the meaning of section 4;
limited partner
Defined · s 2"limited partner" means a person who has been admitted to an ILP as a limited partner and who has complied with section 6;