Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Liquidators Must Notify Creditors of LLP Winding-Up Using Form No. 41 Under Rule 138, 2012 Rules.</h1> Under Rule 138 of the Limited Liability Partnership (Winding up and Dissolution) Rules, 2012, a liquidator must notify creditors of the winding-up process. This involves a minimum of fourteen days' notice through advertisements in both English and regional newspapers, within thirty days of sale confirmation, using Form No. 41. If creditors number fewer than one hundred, individual notices may be sent, bypassing newspaper advertisements. Additionally, in Tribunal windings-up, notices in Form No. 42 or 43 must be sent to creditors who have not proven their debt or whose preferential claims are unestablished, following procedures akin to those for admitting or rejecting proofs.