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Limited Liability Partnership Act
An Act to make provisions for the formation and regulation of limited liability partnerships and for matters connected therewith or incidental thereto.
| Act Id | 200906 |
| Act Number | 06 |
| Enactment Date | 2009-01-07 |
| Act Year | 2009 |
| Ministry | Ministry of Corporate Affairs |
| Enforcement Date | 31-03-2009 |
- PRELIMINARY
- NATURE OF LIMITED LIABILITY PARTNERSHIP
- INCORPORATION OF LIMITED LIABILITY PARTNERSHIP AND MATTERS INCIDENTAL THERETO
- 11 Incorporation document
- 12 Incorporation by registration
- 13 Registered office of limited liability partnership and change therein
- 14 Effect of registration
- 15 Name
- 16 Reservation of name
- 17 Change of name of limited liability partnership
- 18 Application for direction to change name in certain circumstances
- 19 Change of registered name
- 20 Penalty for improper use of words "limited liability partnership" or "LLP"
- 21 Publication of name and limited liability
- PARTNERS AND THEIR RELATIONS
- EXTENT AND LIMITATION OF LIABILITY OF LIMITED LIABILITY PARTNERSHIP AND PARTNERS
- CONTRIBUTIONS
- FINANCIAL DISCLOSURES
- ASSIGNMENT AND TRANSFER OF PARTNERSHIP RIGHTS
- INVESTIGATION
- 43 Investigation of the affairs of limited liability partnership
- 44 Application by partners for investigation
- 45 Firm, body corporate or association not to be appointed as inspector
- 46 Power of inspectors to carry out investigation into affairs of related entities, etc
- 47 Production of documents and evidence
- 48 Seizure of documents by inspector
- 49 Inspector's report
- 50 Prosecution
- 51 Application for winding up of limited liability partnership
- 52 Proceedings for recovery of damages or property
- 53 Expenses of investigation
- 54 Inspector's report to be evidence
- CONVERSION INTO LIMITED LIABILITY PARTNERSHIP
- FOREIGN LIMITED LIABILITY PARTNERSHIPS
- COMPROMISE, ARRANGEMENT OR RECONSTRUCTION OF LIMITED LIABILITY PARTNERSHIPS
- WINDING UP AND DISSOLUTION
- MISCELLANEOUS
- 66 Business transactions of partner with limited liability partnership
- 67 Application of the provisions of the Companies Act
- 68 Electronic filing of documents
- 69 Payment of additional fee
- 70 Enhanced punishment
- 71 Application of other laws not barred
- 72 Jurisdiction of Tribunal and Appellate Tribunal
- 73 Penalty on non-compliance of any order passed by Tribunal
- 74 General penalties
- 75 Power of Registrar to strike defunct limited liability partnership off register
- 76 Offences to limited liability partnerships
- 77 Jurisdiction or Court
- 78 Power to alter Schedules
- 79 Power to make rules
- 80 Power to remove difficulties
- 81 Transitional provisions
