Singapore legislation

Regulation 106

of Limited Liability Partnerships (Winding Up) Rules

Regulation 106

Summary of statement of affairs

Subregulation 1

The Official Receiver shall also, as soon as practicable, send to each creditor mentioned in the LLP’s statement of affairs, and to each person appearing from the LLP’s books or otherwise to be a partner of the LLP a summary of the LLP’s statement of affairs, including the causes of its failure and any observations which the Official Receiver may think fit to make.

Subregulation 2

The proceedings at a meeting shall not be invalidated by reason of any summary or notice required by these Rules not having been sent or received before the meeting.

Subregulation 3

Where prior to the winding up order the LLP had commenced to be wound up voluntarily the Official Receiver may, if he sees fit to do so, send to the persons aforesaid or any of them an account of such voluntary winding up showing how the winding up had been conducted and how the property of the LLP had been disposed of and any observations which the Official Receiver may think fit to make on such account or on the voluntary winding up.