Sanction and confirmation requirement for sale of LLP assets: Tribunal approval and confirmation follow liquidator's report. Sales of property of an LLP under winding up require the Tribunal's prior sanction and are subject to the Tribunal's confirmation, which may be ordered within the procedural period after filing of the liquidator's or provisional liquidator's report.
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.
Sanction and confirmation requirement for sale of LLP assets: Tribunal approval and confirmation follow liquidator's report.
Sales of property of an LLP under winding up require the Tribunal's prior sanction and are subject to the Tribunal's confirmation, which may be ordered within the procedural period after filing of the liquidator's or provisional liquidator's report.
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