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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Rule 266: Audit Required for Liquidator's Accounts Unless Transactions Are 50,000 or Less; Declaration Needed Otherwise.</h1> The Limited Liability Partnership (Winding up and Dissolution) Rules, 2012, Rule 266, mandates an audit of the liquidator's accounts by a qualified auditor, requiring the liquidator to provide necessary information. An audit is not required if transactions are fifty thousand rupees or less. In such cases, the liquidator must declare that the accounts are properly maintained and funds are used solely for the LLP's winding up.
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