Proceedings and Procedures - Voluntary winding up and winding up subject to supervisionLimited Liability Partnership (Winding up and Dissolution) Rules, 2010
Proceedings and Procedures - Voluntary winding up and winding up subject to supervisionLimited Liability Partnership (Winding up and Dissolution) Rules, 2010
Rule 204 - Liquidator to be in the position of a receiver
Limited Liability Partnership (Winding up and Dissolution) Rules, 2010 Chapter VI Proceedings and Procedures - Collection and distribution of assets in a winding-up by Tribunal
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Liquidator as receiver empowers enforcement of possession and retention of LLP property upon application thereby The rule places the liquidator in the same legal position as a receiver for acquiring and retaining possession of LLP property during winding-up, and ... Summary
Liquidator as receiver empowers enforcement of possession and retention of LLP property upon application thereby
The rule places the liquidator in the same legal position as a receiver for acquiring and retaining possession of LLP property during winding-up, and permits enforcement of such acquisition or retention on the liquidator's application so the tribunal may compel or secure possession and retention to enable performance of the liquidator's duties and powers.
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