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    <title>Winding up to operate in favour of all creditors and partners</title>
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    <description>An order for winding up a limited liability partnership operates in favour of all creditors and all partners; the statutory effect is that the winding up proceedings, and any resultant realization or distribution of assets, benefit every creditor and every partner under Rule 32 of the LLP (Winding up and Dissolution) Rules, 2010.</description>
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