Conflict-of-interest restriction: LLP liquidator must obtain tribunal sanction before purchasing goods from connected persons to avoid indirect benefit.

A liquidator carrying on LLP business may not purchase goods from persons so connected as to yield him direct or indirect benefit without the Tribunal's express sanction; an application for sanction must disclose the nature of the liquidator's interest, and the cost of obtaining sanction is to be borne personally by the liquidator.

---

---

---