Liquidator powers ensure tribunal-directed collection and distribution of LLP assets, acting as officer subject to tribunal control. The rule assigns the Tribunal's duties regarding identification, collection and application of LLP assets in a winding-up to the Liquidator, who discharges those functions as an officer of the Tribunal and acts subject to the control of the Tribunal.
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.
Liquidator powers ensure tribunal-directed collection and distribution of LLP assets, acting as officer subject to tribunal control.
The rule assigns the Tribunal's duties regarding identification, collection and application of LLP assets in a winding-up to the Liquidator, who discharges those functions as an officer of the Tribunal and acts subject to the control of the Tribunal.
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