https://www.taxtmi.com/article/detailed?id=6929 Voluntary winding up of an LLP requires a partners' resolution with creditors' consent where applicable, commencement on the resolution date, and a declaration of solvency by a majority of designated partners supported by asset and liability statements and valuation. Creditors must be notified and may influence whether winding up proceeds voluntarily, by creditors, or is referred to the Tribunal. An LLP liquidator is appointed by partners or creditors, must disclose conflicts, maintain audited accounts, settle creditor and partner lists, distribute assets to satisfy liabilities pari passu, report quarterly, and seek Tribunal dissolution upon final accounts; the Tribunal retains supervisory and investigative powers. en-us Thu, 11 Aug 2016 13:13:27 +0530 Thu, 11 Aug 2016 13:13:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6929 Voluntary winding up of an LLP requires a partners' resolution with creditors' consent where applicable, commencement on the resolution date, and a declaration of solvency by a majority of designated partners supported by asset and liability statements and valuation. Creditors must be notified and may influence whether winding up proceeds voluntarily, by creditors, or is referred to the Tribunal. An LLP liquidator is appointed by partners or creditors, must disclose conflicts, maintain audited accounts, settle creditor and partner lists, distribute assets to satisfy liabilities pari passu, report quarterly, and seek Tribunal dissolution upon final accounts; the Tribunal retains supervisory and investigative powers. Articles Limited Liability Partnership - LLP Thu, 11 Aug 2016 13:13:27 +0530 https://www.taxtmi.com/article/detailed?id=6929