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of <h1>All Debts and Claims Must Be Admitted in LLP Winding Up, Including Contingent and Uncertain, Per Insolvency Laws.</h1> In any winding up of a Limited Liability Partnership (LLP), all types of debts and claims, whether contingent, present, future, certain, or uncertain, must be admitted for proof. This applies to all modes of winding up, including insolvent LLPs, in accordance with insolvency laws. An effort should be made to estimate the value of such debts or claims, even if they are contingent, uncertain, or only assessable in damages. This ensures a comprehensive assessment of the LLP's financial obligations during the winding-up process.
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