No claim to be compromised or abandoned without sanction of Tribunal

No claim to be compromised or abandoned without sanction of Tribunal https://www.taxtmi.com/acts?id=13527 In a winding-up of an LLP, a liquidator may not compromise or abandon any LLP claim against a person without obtaining the Tribunal's sanction and giving notice to that person as the Tribunal directs, thereby restricting the liquidator's authority to settle or relinquish claims. en-us Thu, 26 May 2011 15:44:02 +0530 Thu, 26 May 2011 15:44:02 +0530 TaxTMI RSS Generator No claim to be compromised or abandoned without sanction of Tribunal https://www.taxtmi.com/acts?id=13527 In a winding-up of an LLP, a liquidator may not compromise or abandon any LLP claim against a person without obtaining the Tribunal's sanction and giving notice to that person as the Tribunal directs, thereby restricting the liquidator's authority to settle or relinquish claims. Act-Rules LLP Thu, 26 May 2011 15:44:02 +0530 https://www.taxtmi.com/acts?id=13527