Partner powers cease on appointment of LLP liquidator, limited only to giving notice of appointment to Registrar. On the appointment of an LLP Liquidator, all powers of the designated partner and other partner cease, except for the purpose of giving notice of such appointment of the LLP Liquidator to the Registrar.
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.
Partner powers cease on appointment of LLP liquidator, limited only to giving notice of appointment to Registrar.
On the appointment of an LLP Liquidator, all powers of the designated partner and other partner cease, except for the purpose of giving notice of such appointment of the LLP Liquidator to the Registrar.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.