Proceedings and Procedures - Proxies in relation to meetings in winding-up by Tribunal and to meetings of creditors in a voluntary winding-upLimited Liability Partnership (Winding up and Dissolution) Rules, 2010
Proceedings and Procedures - Proxies in relation to meetings in winding-up by Tribunal and to meetings of creditors in a voluntary winding-upLimited Liability Partnership (Winding up and Dissolution) Rules, 2010
Voluntary winding up of LLP requires partner supermajority and creditor approval, with a mandatory filing obligation. An LLP may be wound up voluntarily where a partners' resolution obtains supermajority approval (at least three fourths of partners). If the LLP has ... Summary
Voluntary winding up of LLP requires partner supermajority and creditor approval, with a mandatory filing obligation.
An LLP may be wound up voluntarily where a partners' resolution obtains supermajority approval (at least three fourths of partners). If the LLP has creditors, winding up requires creditor approval under the rules. The partners' resolution must be filed with the Registrar within the prescribed period in the specified statutory form.
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