Home Acts & Rules LLP Old-Provisions Limited Liability Partnership (Winding up and Dissolution) Rules, 2010 Chapters List Chapter VI Proceedings and Procedures - Settlement of list of creditors This
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Rule 151 - Acceptance or rejection of proof to be communicated - Limited Liability Partnership (Winding up and Dissolution) Rules, 2010Extract Acceptance or rejection of proof to be communicated 151. After such investigation as he may think necessary, the liquidator shall in writing admit or reject the proof in whole or in part and every decision of the Liquidator accepting or rejecting a proof, either wholly or in part, shall be communicated to the creditor concerned by letter post under certificate of posting or registered post where the proof is admitted and by registered post or through empanelled courier agency for acknowledgement where the proof is rejected wholly or in part within forty-five days from the last date fixed for proving the debts, provided that it shall not be necessary to give notice of the admission of a claim to a creditor who has appeared before the Liquidator and the acceptance of whose claim has been communicated to him or his agent in writing at the time of acceptance. Where the Liquidator rejects a proof, wholly or in part, he shall state the grounds of the rejection to the creditor in Form No. 47. Notice of admission of proof shall be Form No. 48.
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