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Section 42

Partner’s transferable interest.

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42. Partner’s transferable interest. SECTIONS Investigation of the affairs of limited liability partnership. Application by partners for investigation. Firm, body corporate or association not to be appointed as inspector. Power of inspectors to carry out investigation into affairs of related entities, etc. Production of documents and evidence. Seizure of documents by inspector. Inspector’s report. Prosecution. Application for winding up of limited liability partnership. Proceedings for recovery of damages or property. Expenses of investigation. Inspector’s report to be evidence. CHAPTER X CONVERSION INTO LIMITED LIABILITY PARTNERSHIP Conversion from firm into limited liability partnership. Conversion from private company into limited liability partnership . Conversion from unlisted public company into limited liability partnership. Registration and effect of conversion. CHAPTER XI FOREIGN LIMITED LIABILITY PARTNERSHIPS