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 ... Summary
Limited Liability Partnership (Winding up and Dissolution) Rules, 2012
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.