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Banking account of the LLP liquidator.

Rule 286 - Rule - LLP - Rule 286 - 286. (1) The liquidator shall open a account of the liquidator called the "Liquidation Account of ………….. LLP" in a Scheduled Bank, into which he shall pay all money received by .....

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ds ₹ 1000. The money needed for meeting the expenses of liquidation or for making any payments by the liquidator in cash shall be drawn from the Bank by cheques drawn upon the Bank by the liquidator. All payments by the liquidator above ₹ .....

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