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Petition for winding up.

Rule 26 - Rule - LLP - Rule 26 - 26. (1) An application to the Tribunal for the winding up of an LLP shall be by a petition presented - (a) by the LLP or any of its partner or partners, (b) by any secured creditor or creditors, including any contingent or prospective creditor or creditors, (c) by the Registrar, or (d) by any person authorised by the Central Government in that behalf, (e) by the Central Government, in a case falling under section 51 of the Act, (f) by the Central Government or a .....

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ground specified in clause (d) of that section: Provided that the Registrar shall not present a petition on the ground that the LLP is unable to pay its debts unless it appears to him either from the financial condition of the LLP as disclosed in its Statement of Accounts and Solvency or from the report of an inspector appointed under section 43 that the LLP is unable to pay its debts: Provided further that the Registrar shall obtain the previous sanction of the Central Government to the presen .....

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