Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Creditors Must Submit Affidavit of Proof for LLP Winding Up by Deadline to Claim Distribution Benefits Under LLP Act 2008</h1> A creditor is required to submit proof of their debt or claim against a Limited Liability Partnership (LLP) undergoing winding up and dissolution. This must be done by delivering or sending an affidavit of proof to the Liquidator of the National Company Law Tribunal (NCLT) by a specified date. The affidavit should include the creditor's name, address, claim details, and any priority claims under the Limited Liability Partnership Act, 2008. Failure to comply will result in exclusion from distribution benefits. Creditors may also be required to attend an investigation of their claim and provide evidence as requested by the Liquidator.