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of <h1>Liquidator Must Follow Rule 244 to Return LLP Assets, Notify Partners with Form No.85 and No.86</h1> Rule 244 of the Limited Liability Partnership (Winding up and Dissolution) Rules, 2012, outlines the procedure for a liquidator to return assets to partners of an LLP. The order must include a list with the names, addresses, and payable amounts to each partner, along with details of any economic interest transfers or changes in the partner list. The list should follow Form No.85, and partners must be notified via Form No.86. Payments can be sent by registered post or another approved method, with the risk borne by the partners.
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