Circumstances in Which Limited Liability Partnership May Be Wound Up by Tribunal.

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

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

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

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***** ;

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(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;

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(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

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

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