https://www.taxtmi.com/acts?id=21059 A separate Distributable Sum Account must be opened by the Liquidator for each LLP in liquidation in a designated or, with Tribunal sanction, another scheduled bank; upon any declaration of distributable sum the Liquidator shall transfer the total distributable sum from his Reserve Bank of India or designated bank account into that distributable sum account, and all payments of distributable sums shall be made from that account. en-us Tue, 26 Apr 2016 14:23:05 +0530 Tue, 26 Apr 2016 14:23:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21059 A separate Distributable Sum Account must be opened by the Liquidator for each LLP in liquidation in a designated or, with Tribunal sanction, another scheduled bank; upon any declaration of distributable sum the Liquidator shall transfer the total distributable sum from his Reserve Bank of India or designated bank account into that distributable sum account, and all payments of distributable sums shall be made from that account. Act-Rules LLP Tue, 26 Apr 2016 14:23:05 +0530 https://www.taxtmi.com/acts?id=21059