The Limited Liability Partnership Act, 2008
Central · 2009
- S. 1Short title, extent and commencement.
- S. 2Definitions.
- S. 3Limited liability partnership to be body corporate.
- S. 4Non-applicability of the Indian Partnership Act, 1932.
- S. 5Partners.
- S. 6Minimum number of partners.
- S. 7Designated partners.
- S. 8Liabilities of designated partners.
- S. 9Changes in designated partners.
- S. 10Punishment for contravention of sections 7 and 9.
- S. 11Incorporation document.
- S. 12Incorporation by registration.
- S. 13Registered office of limited liability partnership and change therein.
- S. 14Effect of registration.
- S. 15Name.
- S. 16Reservation of name.
- S. 17Rectification of name of limited liability partnership.
- S. 18Omitted.
- S. 19Change of registered name.
- S. 20Penalty for improper use of words "limited liability partnership" or "LLP".
- S. 21Publication of name and limited liability.
- S. 22Eligibility to be partners.
- S. 23Relationship of partners.
- S. 24Cessation of partnership interest.
- S. 25Registration of changes in partners.
- S. 26Partner as agent.
- S. 27Extent of liability of limited liability partnership.
- S. 28Extent of liability of partner.
- S. 29Holding out.
- S. 30Unlimited liability in case of fraud.
- S. 31Whistle blowing.
- S. 32Form of contribution.
- S. 33Obligation to contribute.
- S. 34Maintenance of books of account, other records and audit, etc.
- S. 34AAccounting and auditing standards.
- S. 35Annual return.
- S. 36Inspection of documents kept by Registrar.
- S. 37Penalty for false statement.
- S. 38Power of Registrar to obtain information.
- S. 39Compounding of offences.
- S. 40Destruction of old records.
- S. 41Enforcement of duty to make returns, etc.
- S. 42Partner's transferable interest.
- S. 43Investigation of the affairs of limited liability partnership.
- S. 44Application by partners for investigation.
- S. 45Firm, body corporate or association not to be appointed as inspector.
- S. 46Power of inspectors to carry out investigation into affairs of related entities, etc.
- S. 47Production of documents and evidence.
- S. 48Seizure of documents by inspector.
- S. 49Inspector's report.
- S. 50Prosecution.
- S. 51Application for winding up of limited liability partnership.
- S. 52Proceedings for recovery of damages or property.
- S. 53Expenses of investigation.
- S. 54Inspector's report to be evidence.
- S. 55Conversion from firm into limited liability partnership.
- S. 56Conversion from private company into limited liability partnership.
- S. 57Conversion from unlisted public company into limited liability partnership.
- S. 58Registration and effect of conversion.
- S. 59Foreign limited liability partnerships.
- S. 60Compromise, or arrangement of limited liability partnerships.
- S. 61Power of Tribunal to enforce compromise or arrangement.
- S. 62Provisions for facilitating reconstruction or amalgamation of limited liability partnerships.
- S. 63Winding up and dissolution.
- S. 64Circumstances in which limited liability partnership may be wound up by Tribunal.
- S. 65Rules for winding up and dissolution.
- S. 66Business transactions of partner with limited liability partnership.
- S. 67Application of the provisions of the Companies Act.
- S. 67AEstablishment of Special Courts.
- S. 67BProcedure and powers of Special Court.
- S. 67CAppeal and revision.
- S. 68Electronic filing of documents.
- S. 68ARegistration offices.
- S. 69Payment of additional fee.
- S. 70Enhanced punishment.
- S. 71Application of other laws not barred.
- S. 72Jurisdiction of Tribunal and Appellate Tribunal.
- S. 73Omitted.
- S. 74General penalties.
- S. 75Power of Registrar to strike defunct limited liability partnership off register.
- S. 76Offences to limited liability partnerships.
- S. 76AAdjudication of penalties.
- S. 77Jurisdiction of Courts.
- S. 77ACognizance of offences.
- S. 78Power to alter Schedules.
- S. 79Power to make rules.
- S. 80Power to remove difficulties.
- S. 81Omitted.