LLP liquidation account management requires the Registrar to operate and maintain separate accounts safeguarding unpaid distributable sums. The LLP Liquidation account is to be operated by the Registrar, who shall maintain in his office separate accounts for each LLP whose unpaid distributable ... Summary
LLP liquidation account management requires the Registrar to operate and maintain separate accounts safeguarding unpaid distributable sums.
The LLP Liquidation account is to be operated by the Registrar, who shall maintain in his office separate accounts for each LLP whose unpaid distributable sums or undistributed assets are deposited in the account, ensuring segregation and record-keeping during winding up.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.