Provisional Liquidator appointment: Tribunal may appoint pending winding up upon creditor, partner, or LLP application with proof. After admission of a winding up petition against an LLP, the Tribunal may appoint the Liquidator as Provisional Liquidator on the application of a creditor, partner, or the LLP, upon affidavit proof of sufficient ground and subject to rules 27 and 28 and such terms as the Tribunal deems just. If the LLP is not the applicant, notice must be given unless the Tribunal records special reasons to dispense with it; the order must state any restrictions on the Provisional Liquidator's powers and be in Form No. 30 with necessary variations.
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.
Provisional Liquidator appointment: Tribunal may appoint pending winding up upon creditor, partner, or LLP application with proof.
After admission of a winding up petition against an LLP, the Tribunal may appoint the Liquidator as Provisional Liquidator on the application of a creditor, partner, or the LLP, upon affidavit proof of sufficient ground and subject to rules 27 and 28 and such terms as the Tribunal deems just. If the LLP is not the applicant, notice must be given unless the Tribunal records special reasons to dispense with it; the order must state any restrictions on the Provisional Liquidator's powers and be in Form No. 30 with necessary variations.
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