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)
Creditor petition for winding-up under LLP law: seek tribunal-supervised winding-up where an LLP fails to satisfy a debt demand. A creditor may petition for winding-up by the Tribunal when the LLP is indebted and has failed to pay, provide adequate security, or restructure the debt after a demand. The petition must identify the petitioner and authorised representative, state the LLP's incorporation, registered office, business and partners, set out particulars of the debt and service of demand, and note creditor consent that the LLP cannot meet debts in a voluntary winding-up or that voluntary winding-up is not in creditors' interests. The petition requests Tribunal-supervised winding-up and other just orders.
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.
Creditor petition for winding-up under LLP law: seek tribunal-supervised winding-up where an LLP fails to satisfy a debt demand.
A creditor may petition for winding-up by the Tribunal when the LLP is indebted and has failed to pay, provide adequate security, or restructure the debt after a demand. The petition must identify the petitioner and authorised representative, state the LLP's incorporation, registered office, business and partners, set out particulars of the debt and service of demand, and note creditor consent that the LLP cannot meet debts in a voluntary winding-up or that voluntary winding-up is not in creditors' interests. The petition requests Tribunal-supervised winding-up and other just orders.
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