Unclaimed distributable sums: procedure to remit unpaid distributions and undistributed assets into an LLP liquidation account. Procedure for remitting unclaimed distributable sums and undistributed partner assets into the LLPs Liquidation Account using a prescribed form that ... Summary
Limited Liability Partnership (Winding up and Dissolution) Rules, 2012
Unclaimed distributable sums: procedure to remit unpaid distributions and undistributed assets into an LLP liquidation account.
Procedure for remitting unclaimed distributable sums and undistributed partner assets into the LLPs Liquidation Account using a prescribed form that itemises each creditor's and partner's particulars-name, address, declaration date and rate, total payable, last payable date, amount paid into the liquidation account and remarks-and requires totals for unclaimed distributable sums, undistributed assets and a combined remittance, dated and certified by the liquidator.
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