Clause 30
Winding up
of Limited Liability Partnerships Bill
BillNot in forceProvision 30 of 67
Clause 30
(1)
The winding up of a limited liability partnership may be either voluntary or by the High Court and, unless inconsistent with the context, the provisions of the Fifth Schedule shall apply to the winding up of a limited liability partnership in either of these modes.
(2)
The provisions of the Fifth Schedule relating to the remedies against the property of a limited liability partnership and the priorities of debts shall bind the Government.