Limited Liability Partnership Act, 2008

Section 52

Effect of dissolution

⚡ Quick Answer Reference: Section 52 Limited Liability Partnership Act, 2008

Provision: Section 52 of Limited Liability Partnership Act, 2008
Act: Limited Liability Partnership Act, 2008
Classification: corporate
Jurisdiction: India

Statutory Content

What does Section 52 of Limited Liability Partnership Act, 2008 say?

On the dissolution of a limited liability partnership, the limited liability partnership shall cease to exist and its name shall be struck off the register of limited liability partnerships. The limited liability partnership shall, within a period of one hundred and eighty days from the date of dissolution, file a return of the dissolution with the Registrar. The limited liability partnership shall also give a notice of its dissolution to all its creditors and debtors. The limited liability partnership shall, within a period of one hundred and eighty days from the date of dissolution, wind up its business and distribute its assets in accordance with the provisions of this Act.

Indian StandardSection 52, Limited Liability Partnership Act, 2008

Bluebook (21st ed.)Limited Liability Partnership Act, 2008, § 52 (India)

Court Pleading StandardSection 52 of the Limited Liability Partnership Act, 2008

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 52 Limited Liability Partnership Act, 2008

What is Section 52 of Limited Liability Partnership Act, 2008?

Section 52 of the Limited Liability Partnership Act, 2008 (Limited Liability Partnership Act, 2008) defines and regulates "Effect of dissolution". The section states: On the dissolution of a limited liability partnership, the limited liability partnership shall cease to exist and its name shall be struck off the register of limited liability par...

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