Proceedings and Procedures - Examination of person suspected of having property of LLP etc. and examination of partners, designated partners, officers etc., in connection with the fruad etc.Limited Liability Partnership (Winding up and Dissolution) Rules, 2010
Proceedings and Procedures - Examination of person suspected of having property of LLP etc. and examination of partners, designated partners, officers etc., in connection with the fruad etc.Limited Liability Partnership (Winding up and Dissolution) Rules, 2010
Application of assets requires liquidator costs be paid first, then liabilities discharged pari passu under applicable law. Assets of a limited liability partnership in winding up are to be applied first to pay the costs, expenses, charges, fees and remuneration of the ... Summary
Application of assets requires liquidator costs be paid first, then liabilities discharged pari passu under applicable law.
Assets of a limited liability partnership in winding up are to be applied first to pay the costs, expenses, charges, fees and remuneration of the liquidator incurred in winding up, and thereafter to discharge the LLP's liabilities pari passu in accordance with the Act and the Rules.
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