Chapter VI - Proceedings and Procedures - Petition for Winding up, Provisional Liquidator, Winding up Order, and Statement of Affairs, (From Rule 101 to Rule 110)
Chapter VI - Proceedings and Procedures - Meetings of creditors or partners in a winding up by Tribunal and of creditors in a voluntary winding up (From Rule 168 to Rule 190)
Chapter VI - Proceedings and Procedures - Proxies in relation to meetings in winding-up by Tribunal and to meetings of creditors in a voluntary winding-up (From Rule 191 to Rule 200)
Chapter VI - Proceedings and Procedures - Monies due from partners in a winding up by the Tribunal including outstanding contribution, etc. (From Rule 206 to Rule 209)
Chapter VI - Proceedings and Procedures - Examination of person suspected of having property of LLP etc. and examination of partners, designated partners, officers etc., in connection with the fruad etc. (From Rule 210 to Rule 224)
Chapter VI - Proceedings and Procedures - Application against delinquent partners, designated partners and officers of the LLP (From Rule 225 to Rule 234)
Chapter VI - Proceedings and Procedures - Payment of unclaimed distributable sums and undistributed assets into the LLPs liquidation account in a winding up (From Rule 296 to Rule 298)
Acceptance or rejection of proofs must be communicated to creditors with reasons, prescribed forms, and acknowledgement procedures. Rule 151 requires the liquidator, after investigation, to admit or reject proofs of debt in whole or in part and to communicate each decision in writing to the creditor by the prescribed postal or courier methods. Rejections must state grounds in Form No. 47 and admissions use Form No. 48. Communications must be sent within the prescribed period from the last date fixed for proving debts, except where a creditor appeared and was informed in writing of acceptance at the time.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Acceptance or rejection of proofs must be communicated to creditors with reasons, prescribed forms, and acknowledgement procedures.
Rule 151 requires the liquidator, after investigation, to admit or reject proofs of debt in whole or in part and to communicate each decision in writing to the creditor by the prescribed postal or courier methods. Rejections must state grounds in Form No. 47 and admissions use Form No. 48. Communications must be sent within the prescribed period from the last date fixed for proving debts, except where a creditor appeared and was informed in writing of acceptance at the time.
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