Order for payment from partner compels payment to liquidator with interest and warns of execution for non compliance. Order requires named partners or their legal representatives to pay amounts due to the LLP liquidator by a specified date at his office, with interest ... Summary
Limited Liability Partnership (Winding up and Dissolution) Rules, 2012
Order for payment from partner compels payment to liquidator with interest and warns of execution for non compliance.
Order requires named partners or their legal representatives to pay amounts due to the LLP liquidator by a specified date at his office, with interest accruing from the date of the order until payment. A schedule must list each partner, address, outstanding contribution and total due; payments by a legal representative may be taken from the deceased partner's assets. Service must bear an endorsement warning that neglect to obey the order will render the addressee liable to execution to compel compliance.
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