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Limited Liability Partnership Act 2008 Complete Act - Bare Act

StateCentral Government
Year
Act Info:
Preamble1 - LIMITED LIABILITY PARTNERSHIP ACT 2008
Chapter I
Section1 - Short title, extend and commencement
Section2 - Definitions
Chapter II
Section3 - Limited Liability Partnership to be body corporate
Section4 - Non-applicability of the Indian Partnership Act, 1932
Section5 - Partners
Section6 - Minimum number of Partners
Section7 - Designated Partners
Section8 - Liabilities of designated partners
Section9 - Changes in designated partners
Section10 - Punishment for contravention of sections 7, 8 and 9
Chapter III
Section11 - Incorporation document
Section12 - Incorporation by registration
Section13 - Registered office of limited liability partnership and change therein
Section14 - Effect of registration
Section15 - Name
Section16 - Reservation of name
Section17 - Charge of name of limited liability partnership
Section18 - Application for direction to change name in certain circumstances
Section19 - Change of registered name
Section20 - Penalty for improper use of words limited liability partnership or LLP
Section21 - Publication of name and limited liability
Chapter IV
Section22 - Eligibility to be partners
Section23 - Relationship of partners
Section24 - Cessation of partnership interest
Section25 - Registration of changes in partners
Chapter V
Section26 - Partner as agent
Section27 - Extent of liability of limited liability partnership
Section28 - Extent of liability of partner
Section29 - Holding out
Section30 - Unlimited liability in case of fraud
Section31 - Whistle blowing
Chapter VI
Section32 - Form of contribution
Section33 - Obligation to contribute
Chapter VIII
Section34 - Maintenance of books of account, other records and audit, etc.
Section35 - Annual return
Section36 - Inspection of documents kept by Registrar
Section37 - Penalty for false statement
Section38 - Power of Registrar to obtain information
Section39 - Compounding of offences
Section40 - Destruction of old records
Section41 - Enforcement of duty to make returns etc.
Chapter VIII
Section42 - Partners transferable interest
Chapter IX
Section43 - Investigation of the affairs of limited liability partnership
Section44 - Application by partners for investigation
Section45 - Firm, body corporate or association not to be appointed as inspector
Section46 - Power of inspectors to carry out investigation into affairs of related entities, etc.
Section47 - Production of documents and evidence
Section48 - Seizure of documents by inspector
Section49 - Inspectors report
Section50 - Prosecution
Section51 - Application for winding up of limited liability partnership
Section52 - Proceedings for recovery of damages or property
Section53 - Expenses of investigation
Section54 - Inspectors report to be evidence
Chapter X
Section55 - Conversion from firm into limited liability partnership
Section56 - Conversion from private company into limited liability partnership
Section57 - Conversion from unlisted public company into limited liability partnership
Section58 - Registration and effect of conversion
Chapter XI
Section59 - Foreign limited liability partnership
Chapter XII
Section60 - Compromise or arrangement of limited liability partnership
Section61 - Power of Tribunal to enforce compromise or arrangement
Section62 - Provisions for facilitation reconstruction or amalgamation of limited liability partnerships
Chapter XIII
Section63 - Winding up and dissolution
Section64 - Circumstances in which limited liability partnership may be wound up by Tribunal
Section65 - Rules for winging up and dissolution
Chapter XIV
Section66 - Business transactions of partner with limited liability partnership
Section67 - Application of the provisions of the Companies Act
Section68 - Electronic filing of document
Section69 - Payment of additional fee
Section70 - Enhanced punishment
Section71 - Application of other laws not barred
Section72 - Jurisdiction of Tribunal and Appellate Tribunal
Section73 - Penalty on non-compliance of any order passed by Tribunal
Section74 - General penalties
Section75 - Power of Registrar to strike defunct limited liability partnership off register
Section76 - Offences to limited liability partnerships
Section77 - Jurisdiction of Court
Section78 - Power to make rules
Section79 - Power to make rules
Section80 - Power to remove difficulties
Section81 - Transitional provisions
ScheduleI - FIRST SCHEDULE
ScheduleII - SECOND SCHEDULE
ScheduleIII - THIRD SCHEDULE
ScheduleIV - FOURTH SCHEDULE


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