Commandite

Commandite

 

(société en commandité), a form of commercial partnership in capitalist countries.

Members of a commandite are subdivided into two categories: full partners, who bear unrestricted personal liability for the obligations of the partnership, and limited partners, who are liable for the obligations of the partnership within the limits of their contribution, whose size is determined by contract and recorded in a register. Unlike full partners, limited partners do not have a right to manage the affairs of the commandite or to act as its representatives. Commandites appeared in Western Europe in the 15th and 16th centuries; in Great Britain the commandite is represented by one of the forms of partnership with limited liability—limited partnership.

In the current practice of the capitalist states commandite is used to expedite the concentration of capital. The laws of the capitalist states provide for mandatory regulation only of those liabilities of the commandite that involve third parties; internal relations among participants in the commandite (including participation in management and the distribution of the profits) are controlled by provisions that become operative only in cases not otherwise provided for.

References in periodicals archive ?
A l'occasion d'une intervention lundi devant la Chambre des Communes, elle a estime que la Russie avait soit commandite l'action, soit laisse tomber dans les mains de tiers l'agent neurotoxique [beaucoup moins que] de qualite militaire [beaucoup plus grand que] utilise pour l'empoisonner, avec sa fille Youlia, dans la petite ville de Salisbury dans le Sud de l'Angleterre.
Alberto Fujimori qui avait preside aux destines du Perou de 1990 a 2000 avait etemenace de destitution par le Congres apres que celui-ci ait apporte des preuves l'accusant de corruption et l'ait reconnu coupable de crimes contre l'humanite pour avoir notamment commandite les massacres
Un rapport commandite par la commission europeenne a deja pu cibler les mecanismes de soustraction des revenus de ces societes aux obligations fiscales sur le sol europeen ; [beaucoup moins que] l'impot d'Apple s'est eleve a 19 % de son chiffre d'affaires aux Eetats-Unis en 2013.
However, the right to pledge shares has not been added to the provisions relating to Joint Liability Companies and Limited Partnerships (Simple Commandite Companies).
Converse to that, the European continental format of the socie te en commandite simple (known as SECS or SCS in francophone countries and as KG in German speaking ones) distinguishes two classes of participants in the company, which according to Alem corresponds to the general partner/limited partner structure commonly used by private equity companies.
Par ailleurs, l'AUC commandite une reunion des residents seniors en urologie du Canada (RSUC) qui a lieu pendant le congres annuel de l'AUC.
Like their conventional counterparts, Shari'ah-compliant SICARs and SIFs can be structured as one of the five available corporate investment vehicles, such as a partnership limited by shares (societe en commandite par actions, SCA).
Academically speaking, commandite and collective companies also exist but I have never come across any in my 20 years of legal practice.
La veuve de Brahmi, appelle, en outre, a devoiler les parties qui ont commandite et finance l'assassinat de son mari, et considere que l'arrestation des executants, manipules, est d'une moindre importance.
CEEC apart from KLPC and CPC also has voting shares in CHEL, general partner of Chapais Energie, Societe en Commandite (CHESEC), which owns the 28MW biomass-fired power facility in Chapais, Quebec.
IsraE1/2l accuse l'Iran de l'avoir commandite et le mouvement chiite libanais Hezbollah de l'avoir fait executer, ce que les deux incrimines nient.
For the majority of visitors and passers-by, what first strikes them is the entanglement of a multitude of modules, one on top of the other, creating a type of, pyramid," said Max Lorte, Le Commandite of Societe en commandite Complexe d'Habitation '67 in Montreal.