Form No. 81A - Order vesting lease and excluding persons who have not elected (1) to (4) as in Form No. 81 - Limited Liability Partnership (Winding up and Dissolution) Rules, 2010

Form No. 81A [ See rule 234] [Heading as in Form No. 16] LLP Petition No. ....... of 20..... LLP Application No. ....... of 20..... Sh........ ................................ Applicant Sh........ ................................ Respondent Before the Hon ble Member Mr. ........... Dated.............. Order vesting lease and excluding persons who have not elected (1) to (4) as in Form No. 81 5. And whereas upon the hearing of this application by summons of the said Sh........, the applicant, for an order that the respondent Sh........., do elect whether or not he will take a vesting order of the disclaimed property comprised in the said lease, the NCLT..........Bench on ........20........., ordered that unless the said respondent Sh.......within 14 days after the service of the said order on him applied for a vesting order of the said lease subject to the conditions mentioned in the said order, the said respondent, Sh......... be excluded from all interest in and security upon said premises. 6. And whereas the said order was duly served on the said respondent Sh............, as appears from the affidavit of.............. filed.............. 20.............. 7. And whereas the said respondent Sh. ......, has not applied or intimated his intention to apply for a vesting order within the time limited by the said order [*or the said respondent Sh........., has applied for a vesting order of the said lease.] Upon hearing, etc., and upon reading, etc., this NCLT............Bench doth order : 1. That the said respondent Sh........, be and is hereby excluded from all interest in and security upon the premises aforesaid [and that the property do vest in ....]. [or That the LLP s interest in the premises...... more particularly described in the lease deed dated .......20....... do vest in Sh..........., in respondent herein; for the residue of the term of......... years demised by the said lease, subject to the same liabilities and obligations as those to which the LLP was subject under the lease in respect of the property at the commencement of the winding-up (or subject only to the same liabilities and obligations as if the lease had been assigned to that person on .....20....., the date of the commencement of the winding-up]. Dated this.......day of.....20....... (By NCLT________Bench) Registrar of Tribunal *Where such an application for a vesting order is made, the application should be included in the cause-title.