Winding up procedures: rules govern voluntary and tribunal-ordered LLP liquidation, appointments, assets distribution and creditor rights. The Rules establish procedural frameworks for voluntary winding up and winding up by the Tribunal of an LLP: qualifying partner resolutions, creditor consultation and solvency declarations for voluntary liquidations; petitioners, grounds and interim appointments for Tribunal proceedings; appointment, disclosure, duties and removal of LLP Liquidators/Liquidators; filing of statements of affairs, custody, valuation and sale of assets; proof and ranking of creditor claims; distribution of assets after priority payments; auditing, reporting and banking controls; transfer of unclaimed sums to a public account and Tribunal supervision including powers to investigate fraud and direct completion timelines.