Bare ActsThe Limited Liability Partnership Act, 2008

Section 28

Extent of liability of partner.

Amendment status not verified — confirm the current text below against the official source.

(1) A partner is not personally liable, directly or indirectly for an obligation referred to in sub-section (3) of section 27 solely by reason of being a partner of the limited liability partnership. (2) The provisions of sub-section (3) of section 27 and sub-section (1) of this section shall not affect the personal liability of a partner for his own wrongful act or omission, but a partner shall not be personally liable for the wrongful act or omission of any other partner of the limited liability partnership.

Section 28 – The Limited Liability Partnership Act, 2008 | DailyLaw.ai