Law · Limited Liability Partnership Act, 2008
What penalty/consequence can be imposed under Section 73 of the LLP Act, 2008 for disobeying an order of the Tribunal or Appellate Tribunal?
- 1A token warning with no physical or monetary liability
- 2Both imprisonment up to 6 months and a fine which shall not be less than fifty thousand rupees✓
- 3Fine which shall not be less than fifty thousand rupees only
- 4Imprisonment for a term which may extend to six months only
Correct answer
Both imprisonment up to 6 months and a fine which shall not be less than fifty thousand rupees
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