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← Limited Liability Partnerships Act 2005

Limited Liability Partnerships Act 2005 s 70

s 70 Effect of restoration

70.—(1) If the name of a limited liability partnership is restored to the register under section 68(2) or 69, or on appeal to the General Division of the High Court under section 68(5), the limited liability partnership is regarded as having continued in existence as if its name had not been struck off the register.[35/2014; 40/2019] (2) The limited liability partnership is not liable to a penalty under section 30(5) for failing to lodge its annual declaration referred to in section 30(1) within the time or extended time referred to in section 30(3) and (4), if such time or extended time ended —(a) after the date of dissolution or striking off; and (b) before the restoration of the name of the limited liability partnership to the register.[35/2014] (3) On the application by any person, the General Division of the High Court may give any directions and make any orders that seem just for placing the limited liability partnership and all other persons in the same position (as nearly as may be) as if the limited liability partnership had not been dissolved or its name had not been struck off the register.[35/2014; 40/2019] (4) An application to the General Division of the High Court for such directions or orders may be made any time within 3 years after the date of restoration of the name of the limited liability partnership to the register.[38G [35/2014; 40/2019]

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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