Rule-making power for winding up and dissolution enables creation of procedural rules governing LLP closures. Power to prescribe rules for winding up and dissolution of limited liability partnerships is vested in the Central Government, enabling formulation of ... Summary
Rule-making power for winding up and dissolution enables creation of procedural rules governing LLP closures.
Power to prescribe rules for winding up and dissolution of limited liability partnerships is vested in the Central Government, enabling formulation of procedural and substantive provisions governing LLP closure, including modalities, sequence, formalities and ancillary requirements to implement winding up and dissolution mechanisms.
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