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 ... Summary
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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