358 Insolvency of partnership and all members

The partners themselves may present petitions against both the partnership and all members in their capacity as such1. The petitions must be in the forms prescribed for the partnership2, any corporate member3 and any individual member4. The procedure is similar to that for concurrent creditors’ petitions and, if insolvency orders are made, the respective insolvencies proceed as where concurrent orders are made on creditors’ petitions5.

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