Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 30] [Entire Act]

Union of India - Subsection

Section 30(1) in The Limited Liability Partnership (Winding up and Dissolution) Rules, 2012

(1)The Tribunal may, on a reasonable cause being shown and for reasons to be recorded in writing, remove the Provisional Liquidator or the Liquidator, appointed from the panel on any of the following grounds, namely :-
(a)misconduct,
(b)fraud or misfeasance,
(c)professional incompetence or failure to exercise due care and diligence in performance of the powers and functions;
(d)inability to act as liquidator,
(e)conflict of interest or lack of independence during the term of his appointment.