Proceedings and Procedures - Distributable sum and returns of assets in a winding up by TribunalLimited Liability Partnership (Winding up and Dissolution) Rules, 2010
Proceedings and Procedures - Distributable sum and returns of assets in a winding up by TribunalLimited Liability Partnership (Winding up and Dissolution) Rules, 2010
General ledger maintenance in LLP liquidation requires the liquidator to specify heads of account and record balances. Form No. 87C sets out a General Ledger template for LLPs in liquidation with spaces for LLP identification, petition number, head of account and ledger ... Summary
General ledger maintenance in LLP liquidation requires the liquidator to specify heads of account and record balances.
Form No. 87C sets out a General Ledger template for LLPs in liquidation with spaces for LLP identification, petition number, head of account and ledger columns (Date; Particulars; Dr.; Cr.; Balance) and directs that a separate General Ledger be maintained for each LLP, with the Liquidator authorised to determine appropriate heads of account such as property account, investment account, book debts and debtors.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.