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)
Rule 299 - Cost, expenses, charges or fees payable out of the assets in a winding up by the Tribunal
Limited Liability Partnership (Winding up and Dissolution) Rules, 2010 Chapter VI Proceedings and Procedures - Cost including expenses, charges or fees
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Priority of payments in winding up: specified order for petition costs, liquidator fees, disbursements, professional and government dues. Priority of payments from the assets of a LLP in a winding up by the Tribunal is prescribed: after preservation and realization expenses and subject to secured creditors and Tribunal orders, payments follow an order of priority-petition costs, panel liquidator fees, liquidator disbursements, costs of persons employed by the liquidator (including professionals), fees to Government, and sanctioned Committee of Inspection expenses; professional appointments and fees require Tribunal approval; the rule does not affect costs ordered in other Tribunal proceedings or the rights of recipients.
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.
Priority of payments in winding up: specified order for petition costs, liquidator fees, disbursements, professional and government dues.
Priority of payments from the assets of a LLP in a winding up by the Tribunal is prescribed: after preservation and realization expenses and subject to secured creditors and Tribunal orders, payments follow an order of priority-petition costs, panel liquidator fees, liquidator disbursements, costs of persons employed by the liquidator (including professionals), fees to Government, and sanctioned Committee of Inspection expenses; professional appointments and fees require Tribunal approval; the rule does not affect costs ordered in other Tribunal proceedings or the rights of recipients.
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