Revised Laws of Saint Lucia (2022)

90.   Duties of liquidator

A liquidator shall, upon his or her appointment by an international limited partnership and upon the commencement of a winding-up proceed —

  1.  

    (a)     to identify all assets of the international limited partnership;

  1.  

    (b)     to identify all creditors of and claimants against the international limited partnership;

  1.  

    (c)     to pay or provide for the payment of, or to discharge, all claims, debts, liabilities and obligations of the international limited partnership;

  1.  

    (d)     to distribute any surplus assets of the international limited partnership to the partners in accordance with the actions and transactions of the liquidator;

  1.  

    (e)     to prepare or cause to be prepared a statement of accounts in respect of the actions and transactions of the liquidator; and

  1.  

    (f)     to send a copy of the statement of account to all the international partners if so required by the plan of dissolution required by section 92.