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Part 1 · General partnership  ›  Title 4 · Dissolution of the partnership and withdrawal of partners › Section 133

Section 133

(1) Upon application by one of the partners, the dissolution of the partnership may be declared by judicial decision prior to the expiry of its fixed term or, if the partnership is entered into for an indefinite period, without notice if there is a compelling reason therefor.

(2) Such a reason is deemed to exist particularly if another partner intentionally or with gross negligence violates a material obligation incumbent upon them under the partnership agreement, or if the performance of such an obligation becomes impossible.

(3) An agreement by which a partner’s right to demand dissolution of the partnership is excluded or limited contrary to these provisions is ineffective.

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