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of <h1>Form 87L: LLP Liquidation Sales Register Tracks Property Sales, Buyer Details, and Financial Transactions.</h1> Form No. 87L under the Limited Liability Partnership (Winding up and Dissolution) Rules, 2010, pertains to the Sales Register used during liquidation processes. It records details such as the LLP's name, property description, sale date, method, purchaser's details, sale confirmation date, and sale value. The register also includes entries for the amount of Earnest Money Deposit (E.M.D.) or advance received, balance realized, and remarks. All financial transactions must be conducted via demand draft or cash. This register is maintained for all liquidations managed by the Liquidator, with entries made upon each property sale.
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