Petition by contingent creditor requires tribunal leave before admission and prohibits advertisement until conditions are met. A contingent or prospective creditor filing a winding-up petition against an LLP must include an application for leave of the Tribunal for admission; no ... Summary
Petition by contingent creditor requires tribunal leave before admission and prohibits advertisement until conditions are met.
A contingent or prospective creditor filing a winding-up petition against an LLP must include an application for leave of the Tribunal for admission; no advertisement of the petition is permitted until leave is granted or until any conditions precedent attached to the leave have been fulfilled.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.