xmlns:atom="http://www.w3.org/2005/Atom"

PART 7CERTIFICATION AND TRANSFER OF DEBENTURES

Supplementary provisions

29.  Section 782 is applied to LLPs, modified so that it reads as follows—

Issue of certificates etc: court order to make good default

782.(1) If an LLP on which a notice has been served requiring it to make good any default in complying with—

(a)section 769(1) (duty of LLP as to issue of certificates etc on allotment), or

(b)section 776(1) (duty of LLP as to issue of certificates etc on transfer),

fails to make good the default within ten days after service of the notice, the person entitled to have the certificates or the debentures delivered to him may apply to the court.

(2) The court may on such an application make an order directing the LLP and any member of it to make good the default within such time as may be specified in the order.

(3) The order may provide that all costs (in Scotland, expenses) of and incidental to the application are to be borne by the LLP or by a member of it responsible for the default..