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Limited Liability Partnership Act, 2008

Section - 43 - Investigation of the affairs of limited liability partnership

CHAPTER IX

INVESTIGATION

Investigation of the affairs of limited liability partnership.

43. (1) The Central Government shall appoint one or more competent persons as inspectors to investigate the affairs of a limited liability partnership and to report thereon in such manner as it may direct if-

(a) - the Tribunal, either suo motu, or on an application received from not less than one-fifth of the total number of partners of limited liability partnership, by order, declares that the affairs of the limited liability partnership ought to be investigated; or
(b)- any Court, by order, declares that the affairs of a limited liability partnership ought to be investigated.
(2) The Central Government may appoint one or more competent persons as inspectors to investigate the affairs of a limited liability partnership and to report on them in such manner as it may direct.

(3) The appointment of inspectors pursuant to sub-section (2) may be made,-

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