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of <h1>Form 87C: Essential Ledger for LLP Liquidation Under Rule 251, Tracks Financials with Detailed Entries by Liquidator.</h1> Form No. 87C is a General Ledger form used for maintaining financial records of a Limited Liability Partnership (LLP) in liquidation, as per rule 251. It requires entering the LLP's name, petition number, and LLPIN. The form includes columns for date, particulars, debit, credit, and balance. The Liquidator is responsible for maintaining this ledger with necessary account heads, such as property, investment, and debtors, to accurately track the financial activities and status of the LLP during the liquidation process.
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