Limited Liability Partnership (Winding up and Dissolution) Rules, 2010 Chapter VI Proceedings and Procedures - Filing, audit and inspection of the liquidator’s account
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Audit fees for LLP liquidation accounts: percentage charges on credited amounts and disbursements with prescribed minimum and maximum limits. Rule 268 fixes audit fees for a liquidator's LLP account by applying a percentage to the gross amount brought to credit - including unrealised ... Summary
Audit fees for LLP liquidation accounts: percentage charges on credited amounts and disbursements with prescribed minimum and maximum limits.
Rule 268 fixes audit fees for a liquidator's LLP account by applying a percentage to the gross amount brought to credit - including unrealised contributions, interest on investments and rents - after deducting business-running expenditures and payments to secured creditors other than debenture holders, and a percentage on disbursements excluding such secured creditor payments; it also prescribes minimum and maximum fees for one-year audits subject to a discretionary variation of twenty-five per cent with reasons recorded.
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