LawgistThe Limited Liability Partnership Act
50Prosecution
If, from the report under section 49, it appears to the Central Government that any person in relation to the limited liability partnership or in relation to any other entity whose affairs have been investigated, has been guilty of any offence for which he is liable, the Central Government may prosecute such person for the offence; and it shall be the duty of all partners, designated partners and other employees and agents of the limited liability partnership or other entity, as the case may be, to give the Central Government all assistance in connection with the prosecution which they are reasonably able to give.
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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
