Tax Management India. Com
                        Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Articles News
D. Forum
What's New


Discussions Forum
Home Forum Corporate Laws / SEBI / LLP This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

Winding up of LLP, Corporate Laws / SEBI / LLP

Issue Id: - 106934
Dated: 20-6-2014
By:- Chandramauli Dwivedi
Winding up of LLP

  • Contents

Respected All,

Kindly explain me Is it possible as per LLP Act & Rules  to proceed for wind up of LLP by  only one Partner, if the another partner is not taking interest in its LLP to run or winding up and he is in abroad  too.

Posts / Replies

Showing Replies 1 to 2 of 2 Records

1 Dated: 23-6-2014
By:- Pradeep Khatri

Dear Chandramauli,

Please go through Section 63 of the LLP Act, 2008 read with Limited Liability Partnership (Winding up and Dissolution) Rules, 2010 in this regard.



2 Dated: 17-1-2015

Rule 5 of LLP (Winding up and Dissolution) Rules, 2010 provides the voluntary winding up as detailed below:

Circumstances in which LLP may be wound up voluntarily

05. (1) Any LLP may be wound up voluntarily if the LLP passes a resolution to wind up the LLP with approval of at least three-fourths of the total number of its partners :

Provided that where the LLP has creditors, whether secured or unsecured, the winding up shall not take place unless approval of such creditors takes place in pursuance of rule 7.

(2) A copy of the resolution shall be filed with the Registrar within thirty days of passing of such resolution in Form No. 1.

You cannot proceed to winding up of LLP.


Old Query - New Comments are closed.

← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||