alleryStart learning →A partner or employee gives useful information. What may the Court waive?
AHis capital contribution
BHis agreed notice period
CThe LLP's filing fees
DPenalty leviable on him
Answer & Solution
Correct answer: D. Penalty leviable on him
The whistle-blowing provision lets the Court or Tribunal reduce or waive penalty against a partner or employee who provided useful information.
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