What Is Partnership Interest?

Partner rights are the rights enjoyed by members of the partnership in the management of partnership affairs, partnership property, etc., in accordance with the provisions of laws and partnership contracts. It mainly includes the right to claim profit distribution, the right to manage partnership affairs, the right to external agency, the right to supervise the activities of partnership representatives and other partners, the right to claim compensation for damage caused by other partners' violations of partnership contracts, the right to withdraw from partnership, and The right to return the capital upon termination and so on. In addition, partners can enjoy other special rights stipulated in the partnership contract. The exercise of the rights of partners must not impair the legitimate rights and interests of the state, the collective, a third party, and members of the partnership. ^[1]