Rule 297 - Unclaimed distributable sums or undistributed assets under investment - Limited Liability Partnership (Winding up and Dissolution) Rules, 2010

Unclaimed distributable sums or undistributed assets under investment 297. For purposes of payment of unclaimed distributable sums and undistributed assets into the LLPs Liquidation Account, money invested or deposited at interest by the liquidator shall be deemed to be money in his hand, and when such money forms part of the unclaimed distributable sums or undistributed assets of the LLP, the liquidator shall realize the investment or withdraw the deposit and shall pay the proceeds into the LLPs Liquidation Account.