Annual accounts obligation requires LLP liquidators to prepare, verify and file statements and permit creditor inspection.

Rule 56 requires LLP liquidators to prepare and verify annual statements of accounts as at 31 March, file an affidavit if there were no receipts or payments, and obtain a Chartered Accountant audit unless transactions fall below the specified small-transaction threshold. Where audit is dispensed with, the liquidator must declare responsibility for maintaining books and for using funds solely for winding up. Statements with the auditor's report must be filed with the Tribunal in Tribunal-ordered winding up and with the Registrar in all windings; creditors and partners may inspect or obtain copies on payment of the prescribed fee, and fraudulent claims to inspect attract penal consequences.

---

---

---