Proceedings and Procedures - Petition for Winding up, Provisional Liquidator, Winding up Order, and Statement of Affairs,Limited Liability Partnership (Winding up and Dissolution) Rules, 2010
Proceedings and Procedures - Petition for Winding up, Provisional Liquidator, Winding up Order, and Statement of Affairs,Limited Liability Partnership (Winding up and Dissolution) Rules, 2010
Provisional Liquidator appointment: Tribunal may appoint pending final orders where affidavit proof supports the petition application. The Tribunal may, on admission of a winding-up petition and upon application by a creditor, partner, or the LLP with affidavit proof of sufficient ... Summary
Provisional Liquidator appointment: Tribunal may appoint pending final orders where affidavit proof supports the petition application.
The Tribunal may, on admission of a winding-up petition and upon application by a creditor, partner, or the LLP with affidavit proof of sufficient grounds, appoint the Liquidator as Provisional Liquidator pending final orders, subject to terms the Tribunal considers just; notice to the LLP is required unless dispensed with for recorded special reasons, and the order must state any restrictions on the Provisional Liquidator's powers and be made in the prescribed form.
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