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Bare Act · Limited Liability Partnership Act, 2008 · Chapter XIII
64

Circumstances in which limited liability partnership may be wound up by Tribunal.

A limited liability partnership may be wound up by the Tribunal,—

(a)if the limited liability partnership decides that limited liability partnership be wound up by the Tribunal;

(b)if, for a period of more than six months, the number of partners of the limited liability partnership is reduced below two;

1* * * * *

(d)if the limited liability partnership has acted against the interests of the sovereignty and integrity of India, the security of the State or public order;

(e)if the limited liability partnership has made a default in filing with the Registrar the Statement of Account and Solvency or annual return for any five consecutive financial years; or

(f)if the Tribunal is of the opinion that it is just and equitable that the limited liability partnership be wound up.

Footnotes (from the official text)

1 Cl. (c) Omitted by Act 31 of 2016, s. 254 and the tenth Sch. (w.e.f. 15-11-2016).

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