Statement of interest: claimants must furnish details when a liquidator seeks to disclaim LLP property to clarify competing claims. Where a person asserts an interest in LLP property that the liquidator proposes to disclaim, the liquidator may require that person to furnish a statement of interest specifying the nature and extent of the claim; this obligation is conditional on the liquidator's request and limited to the interest in the property subject to disclaimer.
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.
Statement of interest: claimants must furnish details when a liquidator seeks to disclaim LLP property to clarify competing claims.
Where a person asserts an interest in LLP property that the liquidator proposes to disclaim, the liquidator may require that person to furnish a statement of interest specifying the nature and extent of the claim; this obligation is conditional on the liquidator's request and limited to the interest in the property subject to disclaimer.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.