Investigation of LLP affairs: appointment of inspectors to probe suspected fraud, oppression, non compliance or on statutory referrals. The Central Government may appoint one or more competent persons as inspectors to investigate and report on the affairs of a limited liability partnership where the Tribunal or any Court declares an investigation is necessary, or where applications by a specified proportion of partners or by the LLP itself are made, or where the government forms an opinion of fraud, unlawful or oppressive conduct, non compliance with the Act, or on receipt of a Registrar or regulatory agency report indicating sufficient reason for investigation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Investigation of LLP affairs: appointment of inspectors to probe suspected fraud, oppression, non compliance or on statutory referrals.
The Central Government may appoint one or more competent persons as inspectors to investigate and report on the affairs of a limited liability partnership where the Tribunal or any Court declares an investigation is necessary, or where applications by a specified proportion of partners or by the LLP itself are made, or where the government forms an opinion of fraud, unlawful or oppressive conduct, non compliance with the Act, or on receipt of a Registrar or regulatory agency report indicating sufficient reason for investigation.
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