Section 30 — Circumstances in which limited liability partnership may be wound up by Court
Statute text
A limited liability partnership may be wound up by the Court,—
(a) if the limited liability partnership decides that limited liability partnership be wound up by the Court;
(b) if the number of partners of the limited liability partnership is reduced below two;
(c) if the limited liability partnership is unable to pay its debts;
(d) if the limited liability partnership has acted against the interests of the sovereignty, or integrity of Pakistan, the security of the State or public order;
(e) if the limited liability partnership has made a default in filing with the Registrar the statement of accounts for any five consecutive financial years;
(f) if the limited liability partnership has been conceived or brought forth or is or has been carrying on unlawful or fraudulent activities; or
(g) if the Court is of the opinion that it is just and equitable that the limited liability partnership be wound up. [Clause (g)'s closing words are reconstructed — the source PDF text cuts off mid-sentence at the page boundary. Verify against the Gazette scan if precision matters.]