Winding up order notification requires prompt intimation to liquidator, registrar and stakeholders and triggers custody notices and discharge. A winding up order requires the Tribunal to intimate the Liquidator and Registrar in the prescribed form; the petitioner and LLP must file a certified ... Summary
Winding up order notification requires prompt intimation to liquidator, registrar and stakeholders and triggers custody notices and discharge.
A winding up order requires the Tribunal to intimate the Liquidator and Registrar in the prescribed form; the petitioner and LLP must file a certified copy with the Registrar. The Registrar must endorse records and notify the Official Gazette. The Liquidator must notify the registered office and serve partners, officers, employees, auditors and secured creditors regarding custody of assets, claims and records. The order functions as a notice of discharge for officers, employees and workmen unless the business continues.
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