Comparison of the legal status of a legal partnership and a civil company

Document Type : Original Article

Authors

1 Assistant Professor of Law, Shahrekord University

2 Business Law Student, University of Judicial Sciences and Administrative Services (Tehran Judicial Sciences)

10.30510/psi.2022.344070.3504

Abstract

Company is one of the most important issues related to civil law and commercial law that understanding the legal concept and effects and the obligations arising from it, requires understanding the legal nature of the company. In a civil company, the partners can enter into a contract that states how the company's property is managed, and this is similar to the letter of incorporation and letter of incorporation that are set up in capital companies. Also, there is no specific criterion in the laws for distinguishing civil companies from capital, and only the authors have considered this distinction according to the criterion of the subject of the company, while this criterion cannot be considered as a perfect standard. A limited partnership, like a partnership, is formed only for business purposes and, therefore, if the company is formed with the relative responsibility of the partners for non-commercial matters, it is subject to the rules of civil law. Relative companies have common features with a limited partnership, including the fact that in these two companies the dividends are divided among the partners in proportion to the share of each partner, unless otherwise stated in the articles of association, both companies are formed when all cash and Non-cash paid

Keywords

Political Sociology of Iran
Volume 5, Issue 12
February 2023
Pages 3487-3499

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