<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Disposal of books and papers of LLP</title>
    <link>https://www.taxtmi.com/acts?id=13347</link>
    <description>Disposal of LLP books and papers differs by mode of winding up: Tribunal-directed disposal where winding up is by the Tribunal; in voluntary winding up disposal requires three fourths partner approval with prior consent of secured creditors. A five year post-dissolution limit removes responsibility for missing records. The Central Government may notify a prohibition on destruction for a period not exceeding five years from dissolution. Contravention is punishable with imprisonment up to six months, a fine up to fifty thousand rupees, or both.</description>
    <language>en-us</language>
    <pubDate>Thu, 26 May 2011 13:06:02 +0530</pubDate>
    <lastBuildDate>Tue, 25 Jun 2024 14:26:20 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=250023" rel="self" type="application/rss+xml"/>
    <item>
      <title>Disposal of books and papers of LLP</title>
      <link>https://www.taxtmi.com/acts?id=13347</link>
      <description>Disposal of LLP books and papers differs by mode of winding up: Tribunal-directed disposal where winding up is by the Tribunal; in voluntary winding up disposal requires three fourths partner approval with prior consent of secured creditors. A five year post-dissolution limit removes responsibility for missing records. The Central Government may notify a prohibition on destruction for a period not exceeding five years from dissolution. Contravention is punishable with imprisonment up to six months, a fine up to fifty thousand rupees, or both.</description>
      <category>Act-Rules</category>
      <law>LLP</law>
      <pubDate>Thu, 26 May 2011 13:06:02 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=13347</guid>
    </item>
  </channel>
</rss>