Quarterly progress reporting requirement - submission of detailed liquidation status to tribunal including assets, claims, distributions. Form No. 13 requires quarterly submission to the tribunal during LLP winding up identifying the LLP, liquidation dates and liquidator, and detailing asset management (custody, valuation, sale), realization of debts (barred and unbarred), creditor settlement and adjudication, declaration and distribution of the distributable sum, appointments and fees of professionals, itemised winding up costs, partners' dues and realizations, investigations into LLP affairs, legal proceedings, expected dissolution timetable, and receipts and payments.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Quarterly progress reporting requirement - submission of detailed liquidation status to tribunal including assets, claims, distributions.
Form No. 13 requires quarterly submission to the tribunal during LLP winding up identifying the LLP, liquidation dates and liquidator, and detailing asset management (custody, valuation, sale), realization of debts (barred and unbarred), creditor settlement and adjudication, declaration and distribution of the distributable sum, appointments and fees of professionals, itemised winding up costs, partners' dues and realizations, investigations into LLP affairs, legal proceedings, expected dissolution timetable, and receipts and payments.
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