Circumstances in which limited liability partnership may be wound up by Tribunal.

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

1. (a) if the limited liability partnership decides that limited liability partnership be wound up by the Tribunal;
2. (b) if, for a period of more than six months, the number of partners of the limited liability partnership is reduced below two; ***** ;
3. (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;
4. (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
5. (f) if the Tribunal is of the opinion that it is just and equitable that the limited liability partnership be wound up.