Liability of Partners of LLP | Insolvency

Nayan Surve (8 Points)

10 August 2021  
Hi All,
If in case LLP becomes insolvent and cannot repay it's loan taken for LLP project, can personal property of partners be called out in that scenario ?
if yes to what extent?
if no, what would be the case of repayment of loan ?

thanks in advance.