Register of Claims and Distributable sums governs recording admitted creditor claims and the allocation of liquidation distributions. The register provides a prescribed format for recording creditor names, amounts claimed and admitted, and classification as secured, preferential, ... Summary
Limited Liability Partnership (Winding up and Dissolution) Rules, 2012
Register of Claims and Distributable sums governs recording admitted creditor claims and the allocation of liquidation distributions.
The register provides a prescribed format for recording creditor names, amounts claimed and admitted, and classification as secured, preferential, floating charge or unsecured, with only admitted claims entered; a distinct section records the declared distributable sum including rate, amount, payment date, mode and remarks.
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