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427. Default in filing accounts and reports: Court order

Past version: effective from 21/10/2015 - 20/10/2015
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(1) If —
(a) the requirements of section 415 (duty to file accounts and reports with the Registrar) are not complied with in relation to an LLP's accounts and reports for a financial year before the end of the period for filing those accounts and reports, and
(b) the members of the LLP fail to make good the default within 14 days after the service of a notice on them requiring compliance, the Court may, on the application of any member or creditor of the LLP or of the Registrar, make an order directing the members (or any of them) to make good the default within such time as may be specified in the order.
(2) The Court's order may provide that all costs of and incidental to the application are to be borne by the members."