Explanation of Article 532
The article clarifies that each partner's share is determined by what they committed to in the partnership contract; this is because the partnership contract has an economic nature, and determining the partners' shares is of utmost importance. It defines each partner's rights and obligations, and it is also connected to the partners' intent, as the partner's intent at the time of contracting was directed towards that share. Changing that share without their consent is not permissible according to general rules. For example, if the company's capital is ninety thousand, and there are three partners, each contributing thirty thousand; meaning each has a one-third share; none of them, by their unilateral will without the consent of the other two partners, can add thirty thousand from their own money to the company's capital to increase their share to half. Therefore, the article concludes that no partner may increase their share beyond the share specified in the partnership contract without the consent of the other partners.
Related To
Article 532
The share of each partner shall be determined according to his contribution as stated in the company contract. A partner may not increase his share in the company beyond the contribution stated in the contract without the approval of the other partners.