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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Liquidators Must Notify Partners of Contribution Details Under Rule 164; Partners Have 21 Days to Contest.</h1> Rule 164 of the Limited Liability Partnership (Winding up and Dissolution) Rules, 2012 mandates that upon filing the certificate of the list of partners, the Liquidator must promptly notify each person on the finalized list of partners. The notice will detail the amount of contribution and inform recipients that any application to remove or alter their name on the list must be submitted to the Tribunal within twenty-one days from receiving the notice. The notice, in Form No. 53, should be sent by letter post, registered post, or another specified method to the address listed in the settled document.
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