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of <h1>Liquidator Cannot Sell LLP Property Without Tribunal Approval During Winding-Up; Sale Confirmation Required Within 60 Days</h1> No property of a Limited Liability Partnership (LLP) undergoing winding-up by the Tribunal can be sold by the Liquidator without prior Tribunal sanction. Each sale requires Tribunal confirmation, which must occur within sixty days of the Liquidator or Provisional Liquidator filing their report. The Tribunal may issue an order of confirmation or otherwise within this timeframe unless it decides otherwise.
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