The manager of a SCI can be dismissed if he does not convene the partners to approve the accounts (Cass. com. 23-10-2019 n° 17-31.653 F-D)
Many partners of SCIs, especially in family-owned SCIs, neglect to approve the accounts on the grounds that, unlike commercial companies, SCIs are not required to file accounts with the registry.
However, Article 1856 of the Civil Code requires the manager to report at least once a year to the partners on his management and failure to comply with this obligation exposes the manager to the risk of dismissal.