Commentary

336 Officers and employees of the partnership

BANKRUPTCY AND INSOLVENCY (INDIVIDUAL INSOLVENCY) vol 3(2)
| Commentary

336 Officers and employees of the partnership

| Commentary

336 Officers and employees of the partnership

Entry into administration does not terminate the offices held by the partners and other officers, or contracts of employment of the employees of the partnership. However, the administrator is entitled to prevent a partner from taking part in the management of the partnership business and to appoint any person to be a manager of the business1, and a partnership in administration or an officer of the partnership is precluded from exercising any management power (defined to mean a power which could be exercised so as to interfere with the exercise of

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