LLP ActCentral laws2008
The Limited Liability Partnership Act, 2008
An Act to make provisions for the formation and regulation of limited liability partnerships and for matters connected therewith or incidental thereto.
Act No. 6 of 2008 · Ministry of Corporate Affairs
- Sections
- 81
- Chapters
- 14
- Classified offences
- 7
Contents
IPreliminary§ 1–22 sections
IINature of Limited Liability Partnership§ 3–108 sections
IIIIncorporation of Limited Liability Partnership and Matters Incidental Thereto§ 11–2111 sections1 repealed
- 11Incorporation document.
- 12Incorporation by registration.
- 13Registered office of limited liability partnership and change therein.
- 14Effect of registration.
- 15Name.
- 16Reservation of name.
- 17Rectification of name of limited liability partnership.
- 18Omitted.(Repealed)
- 19Change of registered name.
- 20Penalty for improper use of words "limited liability partnership" or "LLP".
- 21Publication of name and limited liability.
IVPartners and Their Relations§ 22–254 sections
VExtent and Limitation of Liability of Limited Liability Partnership and Partners§ 26–316 sections
VIContributions§ 32–332 sections
VIIFinancial Disclosures§ 34–418 sections
VIIIAssignment and Transfer of Partnership Rights§ 421 sections
IXInvestigation§ 43–5412 sections
- 43Investigation of the affairs of limited liability partnership.
- 44Application by partners for investigation.
- 45Firm, body corporate or association not to be appointed as inspector.
- 46Power of inspectors to carry out investigation into affairs of related entities, etc.
- 47Production of documents and evidence.
- 48Seizure of documents by inspector.
- 49Inspector's report.
- 50Prosecution.
- 51Application for winding up of limited liability partnership.
- 52Proceedings for recovery of damages or property.
- 53Expenses of investigation.
- 54Inspector's report to be evidence.
XConversion Into Limited Liability Partnership§ 55–584 sections
XIForeign Limited Liability Partnerships§ 591 sections
XIICompromise, Arrangement or Reconstruction of Limited Liability Partnerships§ 60–623 sections
XIIIWinding Up and Dissolution§ 63–653 sections
XIVMiscellaneous§ 66–8116 sections2 repealed
- 66Business transactions of partner with limited liability partnership.
- 67Application of the provisions of the Companies Act.
- 68Electronic filing of documents.
- 69Payment of additional fee.
- 70Enhanced punishment.
- 71Application of other laws not barred.
- 72Jurisdiction of Tribunal and Appellate Tribunal.
- 73Omitted.(Repealed)
- 74General penalties.
- 75Power of Registrar to strike defunct limited liability partnership off register.
- 76Offences to limited liability partnerships.
- 77Jurisdiction of Courts.
- 78Power to alter Schedules.
- 79Power to make rules.
- 80Power to remove difficulties.
- 81Omitted.(Repealed)