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
Quarterly progress reports require the liquidator to detail LLP identification and winding-up dates; asset custody, valuation, sale and realization amounts; debt status including barred and unbarred claims; creditor claim invitation, adjudication and lists submitted to the tribunal; declaration, rate and distribution of distributable sums; appointments and fees for professionals; itemised winding-up costs; partner dues and realizations; investigations into misfeasance with investigator details and report dates; legal proceedings status; and a receipts-and-payments account with remarks and dissolution timeline or delays.
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