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LLP Liquidator or Liquidator to exercise certain powers subject to sanction.

Rule 51 - Rules - Limited Liability Partnership (Winding up and Dissolution) Rules, 2012 - Rule 51 - 51. (1) The LLP Liquidator or Liquidator, as the case may be, may - (a) with the sanction of the Tribunal, when the LLP is being wound up by the Trib .....

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angement with creditors or persons claiming to be creditors, or having or alleging themselves to have any claim, present or future, certain or contingent, against the LLP, or whereby the LLP may be rendered liable; or (iii) compromise any money due f .....

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