Home Acts & Rules LLP Old-Provisions Limited Liability Partnership (Winding up and Dissolution) Rules, 2010 Chapters List Chapter VI Proceedings and Procedures - Meetings of creditors or partners in a winding up by Tribunal and of creditors in a voluntary winding up This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Rule 183 - When creditor can vote - Limited Liability Partnership (Winding up and Dissolution) Rules, 2010Extract When creditor can vote 183. In the case of a meeting of creditor or any adjournment thereof a person shall not be entitled to vote as a creditor unless he has duly lodged with the Liquidator not later than the time mentioned for that purpose in the notice convening the meeting, a proof of the debt which he claims to be due to him from the LLP. In the case of other meetings of creditors a person shall not be entitled to vote as a creditor unless he has lodged with the Liquidator a proof of the debt which he claims to be due to him from the LLP and such proof has been admitted wholly or in part before the date on which the meeting is held : Provided that this rule shall not apply to any creditors or class of creditors who by virtue of these rules or any directions given thereunder are not required to prove their debts, or to any voluntary liquidation meetings.
|