Home Acts & Rules LLP Old-Provisions Limited Liability Partnership (Winding up and Dissolution) Rules, 2010 Chapters List Chapter VI Proceedings and Procedures - Sales by the liquidators This
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Rule 239 - Expenses of sale - Limited Liability Partnership (Winding up and Dissolution) Rules, 2010Extract Expenses of sale 239. Where property forming part of a LLP s assets is sold by the Liquidator through an auctioneer or other agent, the gross proceeds of the sale shall, unless, the Tribunal otherwise orders, be paid over to the Liquidator by such auctioneer or agent and the charges and expenses connected with the sale shall afterwards be paid to such auctioneer or agent in accordance with the scales, if any, fixed by the Tribunal or as approved by the Tribunal.
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