Winding up of LLP: appointment of liquidator with mandated service, advertisement, registrar filing, and asset-based cost recovery. Tribunal orders winding up of the LLP under the Limited Liability Partnership Act, 2008; the Official Liquidator or panel liquidator shall immediately take charge of all property and effects, serve a sealed copy of the order on the LLP, publish the order in specified newspapers within the prescribed period, serve a certified copy on the Registrar within one month, and have petition costs taxed and paid out of LLP assets; specified persons must attend and assist the liquidator and provide required information.
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.
Winding up of LLP: appointment of liquidator with mandated service, advertisement, registrar filing, and asset-based cost recovery.
Tribunal orders winding up of the LLP under the Limited Liability Partnership Act, 2008; the Official Liquidator or panel liquidator shall immediately take charge of all property and effects, serve a sealed copy of the order on the LLP, publish the order in specified newspapers within the prescribed period, serve a certified copy on the Registrar within one month, and have petition costs taxed and paid out of LLP assets; specified persons must attend and assist the liquidator and provide required information.
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 
