<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>LIMITED LIABILITY PARTNERSHIP-PART-XXVI (Investigation- Prosecution &amp; Winding up)</title>
    <link>https://www.taxtmi.com/article/detailed?id=891</link>
    <description>Section 50 gives the Central Government discretionary prosecution power where an inspector&#039;s report indicates culpability, and imposes a statutory duty on partners, designated partners, employees and agents to give all reasonable assistance; the inspector&#039;s report is prima facie opinion evidence. Section 51 permits the Central Government to cause a Tribunal petition for winding up on just and equitable grounds when an inspector&#039;s report shows fraud, unlawful purpose, oppressive conduct, formation for fraudulent ends, or non compliance with the Act, and allows authorization of a person to present such a petition sworn to as necessary in the public interest.</description>
    <language>en-us</language>
    <pubDate>Sat, 31 Jul 2010 16:32:30 +0530</pubDate>
    <lastBuildDate>Sat, 31 Jul 2010 23:52:33 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=301403" rel="self" type="application/rss+xml"/>
    <item>
      <title>LIMITED LIABILITY PARTNERSHIP-PART-XXVI (Investigation- Prosecution &amp; Winding up)</title>
      <link>https://www.taxtmi.com/article/detailed?id=891</link>
      <description>Section 50 gives the Central Government discretionary prosecution power where an inspector&#039;s report indicates culpability, and imposes a statutory duty on partners, designated partners, employees and agents to give all reasonable assistance; the inspector&#039;s report is prima facie opinion evidence. Section 51 permits the Central Government to cause a Tribunal petition for winding up on just and equitable grounds when an inspector&#039;s report shows fraud, unlawful purpose, oppressive conduct, formation for fraudulent ends, or non compliance with the Act, and allows authorization of a person to present such a petition sworn to as necessary in the public interest.</description>
      <category>Articles</category>
      <law>Limited Liability Partnership - LLP</law>
      <pubDate>Sat, 31 Jul 2010 16:32:30 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=891</guid>
    </item>
  </channel>
</rss>