Form No. 74A - Summons under rule 225 - Limited Liability Partnership (Winding up and Dissolution) Rules, 2010

Form No. 74A [ See rule 225] [Heading as in Form No. 16] LLP Petition No. .........of 20........ LLP Application No. ...........of 20...... Liquidator of........ LLP ............Applicant Versus ...... Respondent Summons under rule 225 Let all parties attend the Member in Chambers on............... day the...... day of...........20 ...., at............ o clock on the hearing of an application under rule 225 on the part of the Liquidator of the LLP aforesaid or Sh..............., a creditor or partner of the above LLP for- 1. A declaration that the respondents, the............... (designated partners, partners, officers, etc. as the case may be ) of the above LLP had misapplied, retained or become liable or accountable for the money or property of the LLP, or were guilty of misfeasance and breach of trust in relation to the said LLP in (here set out briefly the ground on which the declaration is sought, e.g., lending without consideration and without taking any security Rs. ........of the said LLP to............on ........20....... whereby the same became wholly lost to the said LLP on the adjudication of the said.......... as insolvent on .........20...... or as the case may be). 2. An order that all necessary inquiries be made and accounts taken for ascertaining what sums the respondents are liable to contribute to the assets of the said LLP by way of compensation for such misfeasance and breach of the trust as aforesaid. 3. An order that the respondents do jointly and severally contribute to the assets of the said LLP and do pay to the Liquidator or the said LLP all such sums as they may be found liable to contribute to such assets together with interest on such sums at the rate of.............. per cent per annum as from the several dates when the said sums were respectively wrongfully paid away until the date of replacement. 4. An order that the said respondents do pay the costs of and incidental to the application. 5. Such other order as in the premises, the NCLT.............. Bench shall think fit to make. Dated this...........day of.....20..... Registrar of Tribunal Authorized representative for applicant [This summons was taken out by Shri.................. authorised representative for the applicant] To ....................... .......................(Respondent) Note : If you do not attend, either in person or by your authorized representative, at the time and place above-mentioned, such order will be made and proceedings taken as the Registrar may think just and expedient.