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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Voluntary LLP Winding Up Costs Paid from Assets, Prioritized Over Other Claims Except Secured Creditors and Workmen.</h1> All costs, charges, and expenses incurred during the voluntary winding up of a Limited Liability Partnership (LLP), including the LLP Liquidator's fee, are to be paid from the LLP's assets. These payments have priority over all other claims, except for the rights of secured creditors and workmen.