https://www.taxtmi.com/article/detailed?id=812 Sections 43-54 empower the Central Government to appoint independent inspectors to investigate LLP affairs when triggered by tribunal or court orders, partner or LLP applications, or government belief of misconduct. Inspectors may examine partners on oath, require and temporarily retain books and papers, and seek magistrate-authorized search and seizure. Inspectors submit interim and final reports to the Central Government, which may prosecute, petition for winding up, or pursue recovery of damages; investigation expenses initially borne by Government may be recovered and inspector reports are admissible evidence. en-us Fri, 04 Jun 2010 16:44:13 +0530 Sat, 05 Jun 2010 05:35:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=812 Sections 43-54 empower the Central Government to appoint independent inspectors to investigate LLP affairs when triggered by tribunal or court orders, partner or LLP applications, or government belief of misconduct. Inspectors may examine partners on oath, require and temporarily retain books and papers, and seek magistrate-authorized search and seizure. Inspectors submit interim and final reports to the Central Government, which may prosecute, petition for winding up, or pursue recovery of damages; investigation expenses initially borne by Government may be recovered and inspector reports are admissible evidence. Articles Limited Liability Partnership - LLP Fri, 04 Jun 2010 16:44:13 +0530 https://www.taxtmi.com/article/detailed?id=812