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and (2) of section 79 of the Limited Liability Partnership Act, 2008 (6 of 2009), the Central Government hereby makes the following rules, namely :- CHAPTER I PRELIMINARY 1. Short title and commencement. (1) These rules may be called the Limited Liability Partnership Rules, 2009.
Aug 13, 2021 · Limited Liability Partnership Act, 2008. A corporate business vehicle that enables professional expertise and entrepreneurial initiative to combine and operate in flexible, innovative and efficient manner, providing benefits of limited liability while allowing its members the flexibility for organizing their internal structure as a partnership.
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Jun 14, 2024 · The amended rules, i.e. the Limited Liability Partnership (Amendment) Rules, 2022, will be effective from 1 April 2022. The LLP (Amendment) Rules also added two new forms, i.e. Form 16A and Form 33 LLP – ADJ, and revised fee norms for LLPs.
Dec 4, 2023 · Explore LLP (Significant Beneficial Owner) Rules, 2023 issued by MCA, effective from Nov 09, 2023. Learn compliance, definitions, and impact on corporate transparency.
Oct 27, 2023 · 1. Limited Liability Partnership (Third Amendment) Rules, 2023: These rules are enacted under the authority of section 79 of the Limited Liability Partnership Act, 2008. They come into force upon publication in the Official Gazette. 2. Register of Partners (Rule 22A):
3. Limited liability partnership to be body corporate.—(1) A limited liability partnership is a body corporate formed and incorporated under this Act and is a legal entity separate from that of its partners.
(1) These rules may be called The Limited Liability Partnership Rules, 2009. (2) (a) Rules 1 to 31, rules 34 to 37 and rule 41 of these rules shall come into force on the 1st day of April, 2009;
Show entries. Section 1. Short title, extent and commencement. Section 2. Definitions. Section 3. Limited liability partnership to be body corporate. Section 4. Non-applicability of the Indian Partnership Act, 1932.
FAQs on Nature of Limited Liability Parterneship (LLP) 1. Concept of "limited liability partnership" 2. Structure of an LLP. 3. Advantages of LLP form. 4. Other countries where this form is available. 5. Difference between LLP & "traditional partnership firm" 6. Difference between LLP & a Company.
