Limited Liability Partnership

sanjiv batra (Querist) 30 July 2011 This query is : Resolved
DISSOLUTION OF LIMITED LIABILITY PARTNERSHIP PLEASE EXPLAIN HOW WE CAN DISSOLVE A LIMITED LIABILITY PARTNERSHIP: 1- IN THE ABSENCE OF ANY CLAUSE IN THE L.L.P AGREEMENT; OR 2- IF IT IS CLEARLY MENTIONED IN THE LLP AGREEMENT THAT THE L.L.P CAN BE DISSOLVED WITH MAJORITY OF PARTNERS; OR 3- IS IT MANDATORY REQUIRMENT TO TAKE EACH PARTNER’S CONSENT? SANJIV BATRA

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DEFENSE ADVOCATE.-firmaction@g (Expert) 30 July 2011
If no provision is made law will prevail.

prabhakar singh (Expert) 30 July 2011
IT IS CHAPTER XIII,SECTION 63 ONWARD PROVISIONS OF L.L.P. ACT THAT GOVERNS YOUR PROBLEM.
A LINK PROVIDED HERE TO SEE THE TEXT
http://india.gov.in/allimpfrms/allacts/3167.pdf

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