Stud On The Legal Issues Of Limited Partnership Enterprise Withdrawing From Market

Limited partnership is a business organization form, originated from"Commenda" in the middle-aged Europe． Because the limited partnership isapplicable to risk investment and so it separated from ordinary partnership, Andunder the legal and economic factors affecting it has got rapid development. It hasnow been adopted by many countries in the form of legislation. Limited partnership,as a kind of market body participating into the China’s socialist economic systemwith other market main body to promote China’s socialist economic construction.Any form of market main body must withdraw from the market one day, the lawsshould completely and accurately provide the way that limited partnership get out ofthe market. But in the reality,the limited partnership exit mechanism has some legalproblems, for example, in the condition of limited partnership bankruptcyliquidation，due to the imperfect laws and regulations it ignores the protection of thelegitimate interests of creditors and the debtors, the other is, the innovation way ofthe Limited partnership exit the market is needed. This article will analyze thepresent problems of exit mechanism, from two aspects: One is, analysis the problemfrom the current law which rules the way of limited partnership enterprise exit themarket, as the lack of procedures, poor maneuverability. And put forward somelegislative proposals; the other is, putting forward one new way of the limitedpartnership enterprise exit the market and analyze its necessity and give somelegislative Suggestions.