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CS Professional · Corporate Restructuring, Valuation and Insolvency · Strike Off and Restoration of Name of the Company and LLP

Under section 75 of the LLP Act, 2008, on which ground may the Registrar strike an LLP's name off the register?

The Registrar may strike off an LLP when he has reasonable cause to believe that it is not carrying on business or its operation in accordance with the LLP Act, 2008. Losses, an address change or partner numbers are not grounds named in section 75.

  1. AThe LLP has reported a loss in two consecutive years
  2. BThe LLP has changed the address of its registered office
  3. CThe Registrar has reasonable cause to believe the LLP is not carrying on business or its operation in accordance with the ActCorrect
  4. DThe LLP has fewer than three partners

Explanation

Section 75 empowers the Registrar to strike off an LLP where he has reasonable cause to believe it is not carrying on business or its operation in accordance with the Act. Losses, a change of address or a particular number of partners are not stated grounds in the section, so the other options are wrong.

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