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of <h1>Liquidators Must Transfer Unclaimed LLP Assets to Liquidation Account Per Rule 297 of LLP Winding Up Rules 2012.</h1> Unclaimed distributable sums or undistributed assets of a Limited Liability Partnership (LLP) under investment are addressed in Rule 297 of the LLP (Winding up and Dissolution) Rules, 2012. When a liquidator has invested or deposited money at interest, it is considered as money in their possession. If this money is part of the unclaimed distributable sums or undistributed assets, the liquidator must realize the investment or withdraw the deposit and transfer the proceeds to the LLP's Liquidation Account.
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