Article 54 of Companies Law

If a new partner joins the company, he shall be liable with the remaining partners, to the extent of all his assets, for the company’s obligations arising after he joins. If a partner withdraws from the company, assigns his interest, or his interest is redeemed or sold by compulsory sale, he shall remain liable for the obligations of Law Index 1474 Home Page Companies Law Law No. 1 of 2016 Promulgating the Companies Law the company arising before the date of registration of his withdrawal, assignment, or the redemption or sale of his interest, and shall not be liable for the company’s obligations arising after that date.