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Start Free TrialAppropriation (Railways) No. 3 Act, 2008 Section 1
Title: Short Title
State: Central
Year: 2008
This Act may be called the Appropriation (Railways) No. 3 Act, 2008.
View Complete Act List Judgments citing this sectionAppropriation (Railways) No. 3 Act, 2008 Section 2
Title: Issue of R& 147667,843,000 out of Consolidated Fund of India for Financial Year 2008-09
State: Central
Year: 2008
From and out of the Consolidated Fund of India there may be paid and applied sums not exceeding those specified in column 3 of the Schedule amounting in the aggregate [inclusive of the sums specified in column 3 of the Schedule to the Appropriation (Railways) Vote on Account Act, 2008(1 of 2008)] to the sum of one lakh forty-seven thousand six hundred sixty-seven crore, eighty-four lakh and fifty-three thousand rupees towards defraying the several charges which will come in course of payment during the financial year 2008-09, in respect of the services relating to Railways specified in column 2 of the Schedule.
View Complete Act List Judgments citing this sectionLimited Liability Partnership Act 2008 Section 26
Title: Partner as Agent
State: Central
Year: 2008
Every partner of a limited liability partnership is, for the purpose of the business of the limited liability partnership, the agent of the limited liability partnership, but not of other partners.
View Complete Act List Judgments citing this sectionLimited Liability Partnership Act 2008 Section 27
Title: Extent of Liability of Limited Liability Partnership
State: Central
Year: 2008
(1) A limited liability partnership is not bound by anything done by a partner in dealing with a person if-- (a) the partner in fact has no authority to act for the limited liability partnership in doing a particular act; and (b) the person knows that he has no authority or does not know or believe him to be a partner of the limited liability partnership. (2) The limited liability partnership is liable if a partner of a limited liability partnership is liable to any person as a result of a wrongful act or omission on his part in the course of the business of the limited liability partnership or with its authority. (3) An obligation of the limited liability partnership whether arising in contract or otherwise, shall be solely the obligation of the limited liability partnership. (4) The liabilities of the limited liability partnership shall be met out of the property of the limited liability partnership.
View Complete Act List Judgments citing this sectionLimited Liability Partnership Act 2008 Section 29
Title: Holding out
State: Central
Year: 2008
(1) Any person, who by words spoken or written or by conduct, represents himself, or knowingly permits himself to be represented to be a partner in a limited liability partnership is liable to any person who has on the faith of any such representation given credit to the limited liability partnership, whether the person representing himself or represented to be a partner does or does not know that the representation has reached the person so giving credit: Provided that where any credit is received by the limited liability partnership as a result of such representation, the limited liability partnership shall, without prejudice to the liability of the person so representing himself or represented to be a partner, be liable to the extent of credit received by it or any financial benefit derived thereon. (2) Where after a partner's death the business is continued in the same limited liability partnership name, the continued use of that name or of the deceased partner's name as a part thereof shall not of itself make his legal representative or his estate liable for any act of the limited liability partnership done after his death.
View Complete Act List Judgments citing this sectionLimited Liability Partnership Act 2008 Section 32
Title: Form of Contribution
State: Central
Year: 2008
32. Form of contribution (1) A contribution of a partner may consist of tangible, movable or immovable or intangible property or other benefit to the limited liability partnership, including money, promissory notes, other agreements to contribute cash or property, and contracts for services performed or to be performed. (2) The monetary value of contribution of each partner shall be accounted for and disclosed in the accounts of the limited liability partnership in the manner as may be prescribed.
View Complete Act List Judgments citing this sectionLimited Liability Partnership Act 2008 Section 33
Title: Obligation to Contribute
State: Central
Year: 2008
(1) The obligation of a partner to contribute money or other property or other benefit or to perform services for a limited liability partnership shall be as per the limited liability partnership agreement. (2) A creditor of a limited liability partnership, which extends credit or otherwise acts in reliance on an obligation described in that agreement, without notice of any compromise between partners, may enforce the original obligation against such partner.
View Complete Act List Judgments citing this sectionLimited Liability Partnership Act 2008 Section 36
Title: Inspection of Documents Kept by Registrar
State: Central
Year: 2008
The incorporation document, names of partners and changes, if any, made therein, Statement of Account and Solvency and annual return filed by each limited liability partnership with the Registrar shall be available for inspection by any person in such manner and on payment of such fee as may be prescribed.
View Complete Act List Judgments citing this sectionLimited Liability Partnership Act 2008 Section 37
Title: Penalty for False Statement
State: Central
Year: 2008
If in any return, statement or other document required by or for the purposes of any of the provisions of this Act, any person makes a statement-- (a) which is false in any material particular, knowing it to be false; or (b) which omits any material fact knowing it to be material, he shall, save as otherwise expressly provided in this Act, be punishable with imprisonment for a term which may extend to two years, and shall also be liable to fine which may extend to five lakh rupees but which shall not be less than one lakh rupees.
View Complete Act List Judgments citing this sectionLimited Liability Partnership Act 2008 Section 40
Title: Destruction of Old Records
State: Central
Year: 2008
The Registrar may destroy any document filed or registered with him in physical form or in electronic form in accordance with such rules as may be prescribed.
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