TMI BlogInability to pay debtsX X X X Extracts X X X X X X X X Extracts X X X X ..... Inability to pay debts 25. For the purposes of clause (c) of section 64, an LLP shall be deemed to be unable to pay its debts (a) if a creditor, by assignment or otherwise, to whom the L ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o the reasonable satisfaction of the creditor; (b) if any execution or other process issued on a decree or order of any Court or Tribunal in favour of a creditor of the LLP is returned unsatis ..... X X X X Extracts X X X X X X X X Extracts X X X X
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