134 Winding up of limited partnerships: concurrent proceedings
Economic Crime and Corporate Transparency Act 2023 (2023 c 56) | Legislation

134  Winding up of limited partnerships: concurrent proceedings

(1)     The Limited Partnerships Act 1907 is amended as follows.

(2)     In section 6 (modifications of general law in case of limited partnerships), for subsection (3D) substitute—

“(3D)     Subsections (3A) and (3B) have effect subject to any order of a court as to the winding up of the affairs of the partnership and any award of sequestration of the partnership's estate under the Bankruptcy (Scotland) Act 2016.”

(3)     After section 30 (inserted by section 133 of this Act) insert—

“31 Winding up of limited partnerships: concurrent proceedings

(1)     Where a petition under section 28 in respect of a limited partnership is pending, a general partner of the limited partnership who is or becomes aware of any of the circumstances mentioned in subsection (3) must notify the court to which the petition was presented.

(2)     Where an application under section 29 in respect of a limited partnership is pending—

(a)     a general partner of the limited partnership who

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