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of <h1>Form 87M: Record Creditors' Claims and Distributable Sums During LLP Liquidation Process</h1> Form No. 87M is used to document claims and distributable sums related to a Limited Liability Partnership (LLP) undergoing liquidation. It includes sections for recording the LLP Petition Number, LLP Name, and LLPIN. The form lists creditors' names and addresses, the amounts claimed and admitted, and specifies whether the claims are secured, preferential, or unsecured. Additionally, it details the distributable sums declared and paid, along with the rate, amount, date, and mode of payment. Only admitted claims, either wholly or partially, should be recorded in this register, with separate sections for claims and distributable sums.
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