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Liquidator s Distributable sum Account.

Liquidator s Distributable sum Account. - Rule 255 - Rule - LLP - Rule 255 - 255. Liquidator's Distributable sum Account. (1) The Liquidator shall also open a separate distributable sum account for each LLP under liquidation either in the designated bank, or, with the sanction of the Tribunal, in any other Scheduled Bank, as may be convenient, under the name 'the Distributable Sum Account of ………….. (name of the LLP) in liquidation by the Liquidator', into .....

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