Disclaimer of onerous property requires a summons supported by affidavit detailing property, interested parties, interests, and solvency. Application for leave to disclaim onerous property must be made by summons supported by an affidavit setting out full facts about the property, the parties interested and the nature of their interests, and stating whether the LLP is solvent and whether any notice has been served on the liquidator requiring him to elect whether or not he will disclaim.
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.
Disclaimer of onerous property requires a summons supported by affidavit detailing property, interested parties, interests, and solvency.
Application for leave to disclaim onerous property must be made by summons supported by an affidavit setting out full facts about the property, the parties interested and the nature of their interests, and stating whether the LLP is solvent and whether any notice has been served on the liquidator requiring him to elect whether or not he will disclaim.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
