Proceedings and Procedures - Monies due from partners in a winding up by the Tribunal including outstanding contribution, etc.Limited Liability Partnership (Winding up and Dissolution) Rules, 2010
Proceedings and Procedures - Monies due from partners in a winding up by the Tribunal including outstanding contribution, etc.Limited Liability Partnership (Winding up and Dissolution) Rules, 2010
Admissibility of contingent debts in LLP winding up allows claims to be proved with just estimates of value. Debts payable on contingency and all present or future claims against an LLP are admissible to proof in every winding up, including claims that are ... Summary
Admissibility of contingent debts in LLP winding up allows claims to be proved with just estimates of value.
Debts payable on contingency and all present or future claims against an LLP are admissible to proof in every winding up, including claims that are contingent or sounding only in damages; where value is uncertain such debts or claims are to be given a just estimate of value, subject in insolvent LLPs to the application of insolvency law and the Act's provisions.
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