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"id": 54325,
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"type": "speech",
"speaker_name": "Mr. Githae",
"speaker_title": "The Minister for Nairobi Metropolitan Development",
"speaker": {
"id": 159,
"legal_name": "Robinson Njeru Githae",
"slug": "robinson-githae"
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"content": "Hon. Members, may be aware that in an ordinary partnership that sought to confer any legal personality on its own, but it is merely a way of describing the individual partners to make up the partnership. Each partner is held responsible, not just for the liabilities caused by his actions, but also for liabilities incurred by each partner. This is the major defect that this Bill is trying to cure. This has been the cause of breakups of many partnerships. There is no other better example like the famous Kayamba Africa. When they were struggling, they were so much united. After they became successful, there are as many Kayamba Africa as there are singers. This is the importance of this Limited Liability Partnership Bill that this House is being asked upon to pass. A limited partnership, on the other hand, has partners, who at the time of entering into the partnership, contribute a sum---"
}