Proceedings and Procedures - Filing, audit and inspection of the liquidator’s accountLimited Liability Partnership (Winding up and Dissolution) Rules, 2010
Proceedings and Procedures - Filing, audit and inspection of the liquidator’s accountLimited Liability Partnership (Winding up and Dissolution) Rules, 2010
Investment of surplus funds must be in government securities or approved scheduled bank deposits in the liquidator's name. Surplus moneys not immediately required for winding up must be invested in Government securities or interest-bearing deposits in the designated Scheduled ... Summary
Investment of surplus funds must be in government securities or approved scheduled bank deposits in the liquidator's name.
Surplus moneys not immediately required for winding up must be invested in Government securities or interest-bearing deposits in the designated Scheduled Bank, or, with the Tribunal's prior sanction, in deposits in other Scheduled Banks, in the name of the Liquidator as Liquidator of the LLP; for panel-appointed liquidators the Tribunal may direct alternative investment arrangements.
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