Nil account requirement requires liquidator to file an affidavit when no receipts or payments occurred during the accounting period. Rule 265 requires that if a liquidator has not received or paid any money on account of the LLP's assets during the period of account, the liquidator must ... Summary
Nil account requirement requires liquidator to file an affidavit when no receipts or payments occurred during the accounting period.
Rule 265 requires that if a liquidator has not received or paid any money on account of the LLP's assets during the period of account, the liquidator must file an affidavit of no receipt or payment for that period.
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