Appointment of committees empowers partners or creditors to supervise voluntary winding up and assist the LLP Liquidator. Partners or creditors may appoint committees to supervise a voluntary winding up of a Limited Liability Partnership and to assist the LLP Liquidator in discharging his functions, with composition and scope determined as they consider appropriate for oversight and assistance during the winding-up process.
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.
Appointment of committees empowers partners or creditors to supervise voluntary winding up and assist the LLP Liquidator.
Partners or creditors may appoint committees to supervise a voluntary winding up of a Limited Liability Partnership and to assist the LLP Liquidator in discharging his functions, with composition and scope determined as they consider appropriate for oversight and assistance during the winding-up process.
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