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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 designa .....

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which account he shall, upon a declaration of distributable sum being made in the winding up of any LLP, deposit by transfer from his account, with the Reserve Bank of India or designated bank the total amount of the distributable sum payable upon su .....

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