Cost, expenses, charges or fees payable out of the assets in a winding up by the Tribunal

Cost, expenses, charges or fees payable out of the assets in a winding up by the Tribunal https://www.taxtmi.com/acts?id=13591 Priority of payments from the assets of a LLP in a winding up by the Tribunal is prescribed: after preservation and realization expenses and subject to secured creditors and Tribunal orders, payments follow an order of priority-petition costs, panel liquidator fees, liquidator disbursements, costs of persons employed by the liquidator (including professionals), fees to Government, and sanctioned Committee of Inspection expenses; professional appointments and fees require Tribunal approval; the rule does not affect costs ordered in other Tribunal proceedings or the rights of recipients. en-us Thu, 26 May 2011 16:31:00 +0530 Wed, 26 Jun 2024 18:07:23 +0530 TaxTMI RSS Generator Cost, expenses, charges or fees payable out of the assets in a winding up by the Tribunal https://www.taxtmi.com/acts?id=13591 Priority of payments from the assets of a LLP in a winding up by the Tribunal is prescribed: after preservation and realization expenses and subject to secured creditors and Tribunal orders, payments follow an order of priority-petition costs, panel liquidator fees, liquidator disbursements, costs of persons employed by the liquidator (including professionals), fees to Government, and sanctioned Committee of Inspection expenses; professional appointments and fees require Tribunal approval; the rule does not affect costs ordered in other Tribunal proceedings or the rights of recipients. Act-Rules LLP Thu, 26 May 2011 16:31:00 +0530 https://www.taxtmi.com/acts?id=13591