Proceedings and Procedures - Distributable sum and returns of assets in a winding up by TribunalLimited Liability Partnership (Winding up and Dissolution) Rules, 2010
Proceedings and Procedures - Distributable sum and returns of assets in a winding up by TribunalLimited Liability Partnership (Winding up and Dissolution) Rules, 2010
Limited Liability Partnership (Winding up and Dissolution) Rules, 2010 Chapter VI Proceedings and Procedures - Meetings of creditors or partners in a winding up by Tribunal and of creditors in a voluntary winding up
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Quorum rules in LLP winding up: adjournment and two-member quorum allow meetings to transact business. If a meeting of creditors or partners lacks a quorum within half an hour, the chair must adjourn it to a day not less than seven and not more than ... Summary
Quorum rules in LLP winding up: adjournment and two-member quorum allow meetings to transact business.
If a meeting of creditors or partners lacks a quorum within half an hour, the chair must adjourn it to a day not less than seven and not more than fourteen days later (or another time/place he appoints). If at that adjourned meeting a quorum is still lacking, two creditors or partners present in person shall form a quorum and may transact the business for which the meeting was convened.
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