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of <h1>Central Government Can Recover Damages or Property Under Section 52 of LLP Act for Fraud or Misconduct.</h1> Section 52 of the Limited Liability Partnership Act, 2008, allows the Central Government to initiate proceedings for the recovery of damages or property if a report under Section 49 indicates it is in the public interest. This applies to cases involving fraud, misfeasance, or misconduct related to the promotion, formation, or management of a limited liability partnership or other investigated entities. The proceedings can be for recovering damages due to misconduct or for reclaiming misapplied or wrongfully retained property. The Central Government has the authority to bring these proceedings directly.
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