Chapter VI - Proceedings and Procedures - Petition for Winding up, Provisional Liquidator, Winding up Order, and Statement of Affairs, (From Rule 101 to Rule 110)
Chapter VI - Proceedings and Procedures - Meetings of creditors or partners in a winding up by Tribunal and of creditors in a voluntary winding up (From Rule 168 to Rule 190)
Chapter VI - Proceedings and Procedures - Proxies in relation to meetings in winding-up by Tribunal and to meetings of creditors in a voluntary winding-up (From Rule 191 to Rule 200)
Chapter VI - Proceedings and Procedures - Monies due from partners in a winding up by the Tribunal including outstanding contribution, etc. (From Rule 206 to Rule 209)
Chapter VI - Proceedings and Procedures - Examination of person suspected of having property of LLP etc. and examination of partners, designated partners, officers etc., in connection with the fruad etc. (From Rule 210 to Rule 224)
Chapter VI - Proceedings and Procedures - Application against delinquent partners, designated partners and officers of the LLP (From Rule 225 to Rule 234)
Chapter VI - Proceedings and Procedures - Payment of unclaimed distributable sums and undistributed assets into the LLPs liquidation account in a winding up (From Rule 296 to Rule 298)
Prohibition on depositing liquidation funds into private accounts ensures official receipts are held only in proper banking arrangements. Prohibition on private bank deposits by liquidators. Persons acting as Liquidator or LLP Liquidator are expressly prohibited from depositing any monies received in their official capacity into private bank accounts; receipts from the winding up of a LLP must be held and dealt with through appropriate non private banking arrangements.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Prohibition on depositing liquidation funds into private accounts ensures official receipts are held only in proper banking arrangements.
Prohibition on private bank deposits by liquidators. Persons acting as Liquidator or LLP Liquidator are expressly prohibited from depositing any monies received in their official capacity into private bank accounts; receipts from the winding up of a LLP must be held and dealt with through appropriate non private banking arrangements.
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