Companies Law
Art. 164Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. The partners may remove the manager, or managers in case of multiple
managers, whether appointed in the company’s articles of incorporation or
in a separate contract; in such case, the partners shall appoint a new
Companies Law
manager to replace the removed manager. If the manager is a partner in the
company, he may not vote on the decision relating to his removal.
2. A partner, or more, representing at least one fourth of the company’s capital
may petition the competent judicial authority to remove the manager or
managers, as the case may be.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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