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        LLP

        Rule 205 - LLP’s property to be surrendered to Liquidator on requisition

        Limited Liability Partnership (Winding up and Dissolution) Rules, 2010
        Chapter VI
        Proceedings and Procedures - Collection and distribution of assets in a winding-up by Tribunal

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        LLP property surrender obligations require delivery to the liquidator on notice, with tribunal enforcement available for non compliance. Persons holding money, property, documents, books or papers belonging to an LLP in wind up must, on notice from the liquidator and within the time specified, deliver, surrender or transfer such assets and records to the liquidator; failure to comply permits the liquidator to apply to the Tribunal for appropriate orders, and the notice must follow the prescribed form.
                          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.

                                LLP property surrender obligations require delivery to the liquidator on notice, with tribunal enforcement available for non compliance.

                                Persons holding money, property, documents, books or papers belonging to an LLP in wind up must, on notice from the liquidator and within the time specified, deliver, surrender or transfer such assets and records to the liquidator; failure to comply permits the liquidator to apply to the Tribunal for appropriate orders, and the notice must follow the prescribed form.


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