https://www.taxtmi.com/article/detailed?id=1009 Section 61 authorises the Tribunal to supervise and direct the implementation of a sanctioned compromise or arrangement for a limited liability partnership, including making modifications at or after sanction to ensure proper working. If the Tribunal is satisfied that the sanctioned scheme cannot be worked satisfactorily with or without modifications, it may, on its own motion or on application by any person interested in the LLP, order winding up of the LLP, with such order being deemed equivalent to a winding up order under the Act. en-us Mon, 08 Nov 2010 00:00:00 +0530 Mon, 08 Nov 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1009 Section 61 authorises the Tribunal to supervise and direct the implementation of a sanctioned compromise or arrangement for a limited liability partnership, including making modifications at or after sanction to ensure proper working. If the Tribunal is satisfied that the sanctioned scheme cannot be worked satisfactorily with or without modifications, it may, on its own motion or on application by any person interested in the LLP, order winding up of the LLP, with such order being deemed equivalent to a winding up order under the Act. Articles Limited Liability Partnership - LLP Mon, 08 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=1009