Law · Commercial Law
Identify the incorrect statements regarding the circumstances in which a Limited Liability Partnership (LLP) may be wound up by the Tribunal under the LLP Act, 2008: A. Where the number of partners is reduced below two for a period of more than three months. B. If the LLP has acted against the interests of the sovereignty and integrity of India. C. If the LLP has made a default in filing with the Registrar the statement of account and solvency or annual return for any two consecutive financial years. D. If the LLP is unable to pay its debts. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A, B only
- 2C, D only
- 3A, C only✓
- 4B, D only
Correct answer
A, C only
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