Malaysia legislation

Section 22

of LABUAN LIMITED PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS ACT 2010

Section 22

(2)

A general partner or, with the leave of the court, any other person shall have the right to join in or otherwise institute proceedings against one or more of the limited partners who may be liable to the Labuan limited partnership pursuant to subsection 14(3), subsection 17(2), section 18 or subsection 19(3).

(3)

A limited partner may bring an action on behalf of a Labuan limited partnership if any one or more of the general partners with authority to do so have, without reasonable ground, refused to institute such proceedings.

(4)

For the purpose of this Act, service of a document on a general partner in respect of a Labuan limited partnership may be effected by leaving it at, or sending it by post to, the registered office of the Labuan limited partnership.

Act 707

(5)

Where a document or notice has been served in accordance with subsection (4), the document or notice is deemed to have been properly served on the Labuan limited partnership.

Authority of general partner to sign

Section 22 — AKTA PERKONGSIAN TERHAD DAN PERKONGSIAN LIABILITI TERHAD LABUAN 2010