https://www.taxtmi.com/acts?id=21056 All monies received by a liquidator in LLP winding up must be paid into the Public Account of India or a designated Scheduled Bank to the credit of an account in the Liquidator's official name, with daily realizations remitted without deduction by the next working day (subject to a permissible deferment until realizations exceed a minimal threshold); payments above that threshold are ordinarily made by cheque. The Tribunal may permit alternative account operation for panel appointees, and the Liquidator must keep a serially numbered remittance challan book with bank acknowledgements, the challan form to be settled with the bank. en-us Tue, 26 Apr 2016 14:21:45 +0530 Tue, 26 Apr 2016 14:21:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21056 All monies received by a liquidator in LLP winding up must be paid into the Public Account of India or a designated Scheduled Bank to the credit of an account in the Liquidator's official name, with daily realizations remitted without deduction by the next working day (subject to a permissible deferment until realizations exceed a minimal threshold); payments above that threshold are ordinarily made by cheque. The Tribunal may permit alternative account operation for panel appointees, and the Liquidator must keep a serially numbered remittance challan book with bank acknowledgements, the challan form to be settled with the bank. Act-Rules LLP Tue, 26 Apr 2016 14:21:45 +0530 https://www.taxtmi.com/acts?id=21056