TMI BlogFees to be credited to Central GovernmentX X X X Extracts X X X X X X X X Extracts X X X X ..... , there shall be paid into the public account of India in the designated bank to the credit of the Central Government, from out of the assets of the LLP in liquidation [or by the petitioner as provided in clause ( a ) below] such amount as laid down in clause ( b ) on or before 30th October the commission due for the preceding period ended 31st March. (2) In the cases where Liquidator is appoint ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rom properties, realised or brought to credit by the Liquidator, after deducting sums on which fees are chargeable under clause ( c ) below and the amount spent out of the money received in carrying on the business of the LLP, upon each year s collections. On the first Rs. 1,00,000 or fraction thereof 4 per cent On the next Rs. 4,00,000 or fr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rangement, such fee not exceeding the scale of fees under clause ( b ) above, as the Tribunal shall allow; ( e ) when the Official Liquidator performs any special duties not provided for above such fee as the Tribunal may fix on the application of the Liquidator, in addition to any other fee payable; ( f ) where the Official Liquidator acts as liquidator in a creditor s voluntary winding ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... any other rule, the remuneration of the Liquidator shall be approved by the Tribunal subject to a maximum remuneration of five per cent of the value of the debt recovered and realization by sale of assets. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - Ta ..... X X X X Extracts X X X X X X X X Extracts X X X X
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