Rules for winding up and dissolution authorize government to prescribe procedural provisions for limited liability partnerships. The statute vests the Central Government with a rulemaking power to prescribe provisions governing the winding up and dissolution of limited liability ... Summary
Rules for winding up and dissolution authorize government to prescribe procedural provisions for limited liability partnerships.
The statute vests the Central Government with a rulemaking power to prescribe provisions governing the winding up and dissolution of limited liability partnerships, authorising the executive to establish procedural, substantive and ancillary rules necessary for orderly termination and matters incidental to dissolution.
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