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
Misfeasance recovery: summons under rule seeking declaration, account inquiries and orders for contribution, interest and costs. Summons under rule 225 permits the liquidator, a creditor or a partner to seek a declaration that specified respondents misapplied or retained LLP ... Summary
Misfeasance recovery: summons under rule seeking declaration, account inquiries and orders for contribution, interest and costs.
Summons under rule 225 permits the liquidator, a creditor or a partner to seek a declaration that specified respondents misapplied or retained LLP property or committed misfeasance or breach of trust; it authorises inquiries and accounts to ascertain liability, and seeks contribution orders requiring respondents to pay into LLP assets jointly and severally with interest and costs, together with attendance at an in chambers hearing and consequences for non attendance.
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