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Section 47: Restoration to register and effect of removal

Limited Liability Partnerships Act · PART VIII: REMOVAL FROM AND RESTORATION TO REGISTER

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

47. Restoration to register and effect of removal (1) Where the name of a limited liability partnership has been removed from the register under section 45 (2), the limited liability partnership, a creditor or a liquidator may apply to the Court to have the name of the limited liability partnership restored to the register. (2) Where, on an application made under subsection (1), the Court is satisfied that— (a) at the time the name of the limited liability partnership was removed from the register, the limited liability partnership was still carrying on business, or other reason existed for it to carry on business; and L15A1 – 25 [Issue 9] Limited Liability Partnerships Act (b) it would be fair and reasonable for the name of the limited liability partnership to be restored to the register, the Court may order that the name of the limited liability partnership be restored to the register on payment of the fee prescribed. (3) Where the name of a limited liability partnership has been removed from the register under section 45 (2), the limited liability partnership, a creditor or a liquidator may, within 5 years from the date of the removal, apply to the Registrar to have the name of the limited liability partnership restored to the register. (4) The Registrar shall, on payment of any outstanding fee and the payment of the fee prescribed, restore the name of the limited liability partnership to the register. (5) Where the name of a limited liability partnership is restored to the register under this section, the name of the limited liability partnership shall be considered to have never been removed from the register. PART IX – APPLICATION OF THE INSOLVENCY ACT AND DISSOLUTION OF LIMITED LIABILITY PARTNERSHIP

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