Proceedings and Procedures - Payment of unclaimed distributable sums and undistributed assets into the LLPs liquidation account in a winding upLimited Liability Partnership (Winding up and Dissolution) Rules, 2010
Proceedings and Procedures - Payment of unclaimed distributable sums and undistributed assets into the LLPs liquidation account in a winding upLimited Liability Partnership (Winding up and Dissolution) Rules, 2010
Liquidator personal liability limited: appeals from rejected proofs do not create personal costs liability for the liquidator. The rule provides that the liquidator shall not be personally liable for costs in relation to an appeal from his decision rejecting any proof wholly or in ... Summary
Liquidator personal liability limited: appeals from rejected proofs do not create personal costs liability for the liquidator.
The rule provides that the liquidator shall not be personally liable for costs in relation to an appeal from his decision rejecting any proof wholly or in part, insulating the liquidator from personal cost consequences arising from contested determinations on proofs submitted by creditors.
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