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)
Rule 174 - Costs of calling meetings at the instance of creditor or partner
Limited Liability Partnership (Winding up and Dissolution) Rules, 2010 Chapter VI Proceedings and Procedures - Meetings of creditors or partners in a winding up by Tribunal and of creditors in a voluntary winding up
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Costs of convening creditor or partner meetings: deposit may be required and repaid from LLP assets if directed. A creditor or partner requesting the LLP liquidator to convene a meeting may be required to deposit a sum sufficient to cover meeting costs and related disbursements; the Member may similarly require a deposit on Tribunal applications. Deposits are repayable from LLP assets if the Tribunal or, in a voluntary winding up, creditors by resolution direct repayment. The rule prescribes graduated per person rates for computing the deposit and excludes meetings summoned by the Liquidator under the separate provision or meetings to fill a liquidator vacancy.
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.
Costs of convening creditor or partner meetings: deposit may be required and repaid from LLP assets if directed.
A creditor or partner requesting the LLP liquidator to convene a meeting may be required to deposit a sum sufficient to cover meeting costs and related disbursements; the Member may similarly require a deposit on Tribunal applications. Deposits are repayable from LLP assets if the Tribunal or, in a voluntary winding up, creditors by resolution direct repayment. The rule prescribes graduated per person rates for computing the deposit and excludes meetings summoned by the Liquidator under the separate provision or meetings to fill a liquidator vacancy.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.