Leave to disclaim property: liquidator to seek tribunal permission to renounce specified lease, contract, or asset interests. A liquidator or LLP liquidator issues a formal notice of intent to apply to the Tribunal for leave to disclaim specified property, lease, contract, or other LLP interests, identifying the interest with short particulars and referring to the notice previously given; the notice functions as the operative mechanism to seek tribunal permission to renounce burdensome LLP assets or obligations and is signed by the liquidator with recipient details.
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.
Leave to disclaim property: liquidator to seek tribunal permission to renounce specified lease, contract, or asset interests.
A liquidator or LLP liquidator issues a formal notice of intent to apply to the Tribunal for leave to disclaim specified property, lease, contract, or other LLP interests, identifying the interest with short particulars and referring to the notice previously given; the notice functions as the operative mechanism to seek tribunal permission to renounce burdensome LLP assets or obligations and is signed by the liquidator with recipient details.
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 
