Notice of meeting requires prescribed advance notice and individual service to creditors and partners, with limited advertisement exceptions. Meetings of creditors or partners during LLP winding up must be summoned by the liquidator with fourteen days notice, by advertisement in one English and one regional daily and by sending individual notices to each creditor and partner by registered or speed post or other prescribed mode so as to reach them not less than fourteen days before the meeting; if creditors or partners number one hundred or fewer, advertisement need not be published. Notices must be sent to addresses in proofs, statement of affairs, LLP books, or other known addresses and must use prescribed Forms Nos. 55-55D.
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.
Notice of meeting requires prescribed advance notice and individual service to creditors and partners, with limited advertisement exceptions.
Meetings of creditors or partners during LLP winding up must be summoned by the liquidator with fourteen days notice, by advertisement in one English and one regional daily and by sending individual notices to each creditor and partner by registered or speed post or other prescribed mode so as to reach them not less than fourteen days before the meeting; if creditors or partners number one hundred or fewer, advertisement need not be published. Notices must be sent to addresses in proofs, statement of affairs, LLP books, or other known addresses and must use prescribed Forms Nos. 55-55D.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.