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of <h1>Liquidators Must Follow Rule 238 for Sales: Use Approved Agents or Auctioneers, Public Auctions, or Sealed Tenders.</h1> Rule 238 of the Limited Liability Partnership (Winding up and Dissolution) Rules, 2010, outlines the procedure for sales conducted by liquidators. Sales must be carried out by a liquidator through an agent or auctioneer approved by the Tribunal, adhering to any terms and conditions set by the Tribunal. Sales can be conducted via public auction, sealed tenders, or other methods as directed by a Tribunal Member. These procedures are subject to the overarching provisions of the relevant Act and rules.
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