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<h1>Creditor Seeks Winding Up of LLP Under Limited Liability Partnership Act, 2008 Due to Unpaid Debt and Insolvency Agreement.</h1> A creditor has filed a petition against a Limited Liability Partnership (LLP) seeking its winding up under the supervision of the National Company Law Tribunal (NCLT). The LLP, incorporated under the Limited Liability Partnership Act, 2008, has failed to pay a debt owed to the petitioner despite a formal demand. Two-thirds of the LLP's creditors have agreed that it cannot meet its debt obligations through asset liquidation in a voluntary winding up. The petitioner requests the NCLT to wind up the LLP and issue any other necessary orders.
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