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The_Insolvency_and_Bankruptcy_Code_2016

Section / Rule Number Content


5 Circumstances in which LLP may be wound up voluntarily
6 Commencement of voluntary winding up and filing up of statement of affairs
7 Declaration of solvency in case of proposal to wind up voluntarily
8 Meeting of Creditors
9 Publication of resolution to wind up voluntarily
10 Appointment and removal of LLP Liquidator
11 Filling up of vacancy in office of LLP Liquidator
12 Notice of appointment of LLP Liquidator to be given to Registrar
13 Designated partner’s and other partner’s power to cease on appointment of LLP Liquidator
14 Duties of LLP Liquidator
15 Audit of the LLP liquidator’s Account
16 Appointment of committees
17 LLP Liquidator to submit report on progress of winding up
18 Report of LLP Liquidator to Tribunal for examination of persons
19.Dissolution of LLP
20 LLP Liquidator to accept contribution, etc., as consideration for sale of property of LLP
21 Distribution of property of LLP
22 Arrangement between LLP and creditors
23. Application to Tribunal
24 Costs of voluntary winding up