The Limited Liability Partnership Act
44Application by partners for investigation
An application by partners of the limited liability partnership under clause (a) of sub-section (1) of section 43 shall be supported by such evidence as the Tribunal may require for the purpose of showing that the applicants have good reason for requiring the investigation and the Central Government may, before appointing an inspector, require the applicants to give security, of such amount as may be prescribed, for payment of costs of the investigation.
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INVESTIGATION
- 43 Investigation of the affairs of limited liability partnership
- 44 Application by partners for investigation
- 45 Firm, body corporate or association not to be appointed as inspector
- 46 Power of inspectors to carry out investigation into affairs of related entities, etc
- 47 Production of documents and evidence
- 48 Seizure of documents by inspector
- 49 Inspector's report
- 50 Prosecution
- 51 Application for winding up of limited liability partnership
- 52 Proceedings for recovery of damages or property
- 53 Expenses of investigation
- 54 Inspector's report to be evidence