TMI BlogProvisions for facilitating reconstruction or amalgamation of limited liability partnershipsX X X X Extracts X X X X X X X X Extracts X X X X ..... ise or arrangement proposed between a limited liability partnership and any such persons as are mentioned in that section, and it is shown to the Tribunal that- (a) compromise or arrangement has been proposed for the purposes of, or in connection with, a scheme for the reconstruction of any limited liability partnership or limited liability partnerships, or the amalgamation of any two or more l ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the transferee limited liability partnership of any legal proceedings pending by or against any transferor limited liability partnership; (iii) the dissolution, without winding up, of any transferor limited liability partnership; (iv) the provision to be made for any person who, within such time and in such manner as the Tribunal directs, dissent from the compromise or arrangement; and (v) such ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iii) shall be made by the Tribunal unless the Official Liquidator has, on scrutiny of the books and papers of the limited liability partnership, made a report to the Tribunal that the affairs of the limited liability partnership have not been conducted in a manner prejudicial to the interests of its partners or to public interest. (2) Where an order under this section provides for the transfer of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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