(2) In the case of any entity or partner or designated partner referred to in sub-section (1), the inspector shall not exercise his power of investigating into, and reporting on, its or his affairs without obtaining the prior approval of the Central Government thereto:
Provided that before according approval under this sub-section, the Central Government shall give the entity or partner or designated partner a reasonable opportunity to show cause why such approval should not be accorded.
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Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Limited liability partnership to be body corporate.Section 4 · Non-applicability of the Indian Partnership Act, 1932.Section 5 · Partners.Section 6 · Minimum number of partners.Section 7 · Designated partners.Section 8 · Liabilities of designated partners.India Code, Government of India. Text fetched 25 Oct 2026. Source metadata reports last modification: 2019-12-02. Check the linked official text and subsequent notifications when applying a provision.