Hi All,
If in case LLP becomes insolvent and cannot repay it's loan taken for LLP project, can personal property of partners be called out in that scenario ?
if yes to what extent?
if no, what would be the case of repayment of loan ?
thanks in advance.
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Liability of Partners of LLP | Insolvency
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https://docs.google.com/document/d/1USPFIVK9Ys_1CrKga16PGhQIX2xt_ey-ASBKK4-i4m4/edit?usp=sharing
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