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[Cites 0, Cited by 0] [Section 248] [Entire Act]

Union of India - Subsection

Section 248(1) in The Limited Liability Partnership (Winding up and Dissolution) Rules, 2012

(1)Upon an order for dissolution being made, the Liquidator shall forthwith pay into the LLPs Liquidation Account in the public account of India any unclaimed or unpaid distributable sum payable to creditors or undistributed or unpaid assets refundable to partners in his hands on the date of the order of dissolution, and such other balance in his hands as he has been directed by the Tribunal to deposit into the LLPs Liquidation Account.