https://www.taxtmi.com/acts?id=20862 Every LLP Liquidator must pay monies received as liquidator into a special bank account in a Scheduled Bank, subject to Tribunal permission to use another bank. If a liquidator retains sums beyond the permitted period and threshold, the Tribunal may require payment of interest and a penalty, impose liability for expenses caused by the default, and disallow remuneration or remove the liquidator from office. en-us Tue, 26 Apr 2016 13:06:35 +0530 Mon, 24 Jun 2024 12:00:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20862 Every LLP Liquidator must pay monies received as liquidator into a special bank account in a Scheduled Bank, subject to Tribunal permission to use another bank. If a liquidator retains sums beyond the permitted period and threshold, the Tribunal may require payment of interest and a penalty, impose liability for expenses caused by the default, and disallow remuneration or remove the liquidator from office. Act-Rules LLP Tue, 26 Apr 2016 13:06:35 +0530 https://www.taxtmi.com/acts?id=20862