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Fees to be credited to Central Government.

Rule 256 - Rule - LLP - Rule 256 - 256. (1) In every winding up where the Official Liquidator becomes or acts as Liquidator or is appointed as Liquidator in terms of rule 29, 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 pe .....

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the LLP or by the petitioner as the Tribunal may direct, in respect of the services of the Liquidator as Provisional Liquidator; (b) where a winding up order is made and the official Liquidator acts as liquidator of a LLP, - (i) upon the total assets, including unrealized or unrecovered contribution, interest on investments and rents from 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 .....

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ured creditors, on the amount realised for each secured creditor - On the first ₹ 10,0000 or fraction thereof 5 per cent. On the next ₹ 40,0000 or fraction thereof 3½ per cent. On the next ₹ 50,0000 or fraction thereof 3 per cent. Above ₹ 1,00,0000 2 per cent. (d) when the official Liquidator acts as trustee, under a scheme of arrangement, such fee not exceeding the scale of fees under clause (b) above, as the Tribunal shall allow; (e) when the official Liquidator .....

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