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of <h1>Partners Can Apply for LLP Investigation Under Rule 28 with Security Based on Turnover, Up to 25 Lakh Rupees Required.</h1> Rule 28 of the Limited Liability Partnership Rules, 2009, outlines the procedure for partners to apply for an investigation into the affairs of a limited liability partnership (LLP). The application must be accompanied by a security amount, which is determined based on the LLP's turnover as reported in the Statement of Account of Solvency from the previous financial year. The security ranges from 2 lakh rupees for turnovers up to 1 crore, to a maximum of 25 lakh rupees for turnovers of 10 crore or more. If the Statement of Account and Solvency is unavailable, the Central Government will determine the security amount.
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