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Cost, expenses, charges or fees payable out of the assets in a winding up by the Tribunal

Rule 299 - Rules - Limited Liability Partnership (Winding up and Dissolution) Rules, 2012 - Rule 299 - COST INCLUDING EXPENSES, CHARGES OR FEES 299. (1) The assets of a LLP in a winding up by the Tribunal remaining after payment of the fees and expen .....

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inding up, shall, subject to any order of the Tribunal and to the rights of secured creditors if any, be liable to the following payments which shall be made in the following order of priority, namely :- (i) - the costs of the petition including the .....

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realizing or getting in the properties of the LLP; (iv) - the cost of any person properly employed by the Liquidators which may in the form of salary, perks etc and cost incurred in engaging the services of professionals, advocates, experts etc; (v) .....

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