Hong Kong Ordinances

PARTNERSHIP ORDINANCE - SECT 25

Procedure against partnership property for partner's separate judgment debt

(1) A writ of execution shall not issue against any partnership property
except on a judgment against the firm. (Amended 50 of 1911 s. 4)

(2) The court or a judge may, on the application by summons of any judgment
creditor of a partner, make an order charging that partner's interest in the
partnership property and profits with payment of the amount of the judgment
debt and interest thereon, and may, by the same or a subsequent order, appoint
a receiver of that partner's share of profits

(whether already declared or accruing), and of any other money which may be
coming to him in respect of the partnership, and direct all accounts and
inquiries, and give all other orders and directions, which might have been
directed or given if the charge had been made in favour of the judgment
creditor by the partner, or which the circumstances of the case may require.
(Amended 50 of 1911; 1 of 1912 Schedule)

(3) The other partner or partners shall be at liberty at any time to redeem
the interest charged, or, in case of a sale being directed, to purchase the
same.

(4) This section shall apply in the case of a cost-book company as if the
company were a partnership within the meaning of this Ordinance.