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    Question

    Under the LLP Act section 63 lays down that the winding up of a limited liability partnership____________ 

    A May be voluntary Correct Answer Incorrect Answer
    B May be by the Tribunal Correct Answer Incorrect Answer
    C May be either voluntary or by the Tribunal and limited liability partnership, so wound up may be dissolved Correct Answer Incorrect Answer
    D May be either voluntary or by the Registrar of Companies and limited liability partnership, so wound up may be dissolved by an order of the Tribunal Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    LLP Act Section 63. Winding up and dissolution: The winding up of a limited liability partnership may be either voluntary or by the Tribunal and limited liability partnership, so wound up may be dissolved.

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