Statement of assets and liabilities requirement for voluntary LLP winding up: comprehensive disclosure and partners' certification. Form No. 4 requires preparation of a Statement of Assets and Liabilities upon declaration of voluntary winding up of an LLP, disclosing partners' funds ... Summary
Limited Liability Partnership (Winding up and Dissolution) Rules, 2012
Statement of assets and liabilities requirement for voluntary LLP winding up: comprehensive disclosure and partners' certification.
Form No. 4 requires preparation of a Statement of Assets and Liabilities upon declaration of voluntary winding up of an LLP, disclosing partners' funds and liabilities (contribution, reserves, secured and unsecured loans, short term borrowings, creditors, other liabilities, and provisions) and an itemised schedule of assets (fixed assets, investments, loans and advances, inventories, receivables, cash and other assets), with totals for the reporting and prior periods, a note on contingent liabilities not provided for, and dated signatures of the designated partners.
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