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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Liquidator Must Notify Creditors of Settlement Date Within One Month Under Rule 161; Use Form No. 51</h1> Under Rule 161 of the Limited Liability Partnership (Winding up and Dissolution) Rules, 2010, after filing the provisional list of creditors, the Liquidator must set a settlement date within one month. A notice, detailing the contribution amount, must be sent to each listed creditor using Form No. 51. This notice should be dispatched via letter post, registered post, or another approved method, ensuring it reaches the recipient at least fourteen days before the settlement date. The addresses used should be those listed in the provisional list.
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