Section 800 CAMA 2020

Section 800 Companies and Allied Matters Act is about Registration of changes in partnership. It is under Chapter 2 (Registration of limited partnership and incidental matters) of the Act.

(1) If during the continuance of a limited partnership any change is made or occurs in the—

(a) firm,

(b) general nature of the business,

(c) principal place of business,

(d) partners or the name of any partner,

(e) terms or character of the partnership,

(f ) sum contributed or to be contributed by any limited partner, or

(g) liability of any partner by reason of his becoming a limited partner instead of a general partner or a general partner instead of a limited partner,a statement signed by the firm specifying the nature of the change shall within seven days be delivered to the Commission.

(2) If default is made in compliance with the requirements of this section,each of the general partners is liable to a fine as shall be prescribed by the Commission in its regulations.