| Chapter: I |
| Preliminary |
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Section 1 |
: |
Short title, extent and commencement
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Section 2 |
: |
Definitions
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| Chapter: II |
| Nature of limited liability partnership |
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Section 3 |
: |
Limited liability partnership to be body corporate
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Section 4 |
: |
Non-applicability of the Indian Partnership Act, 1932
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Section 5 |
: |
Partners
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Section 6 |
: |
Minimum number of partners
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Section 7 |
: |
Designated partners
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Section 8 |
: |
Liabilities of designated partners
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Section 9 |
: |
Changes in designated partners
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Section 10 |
: |
Punishment for contravention of sections 7, 8 and 9
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| Chapter: III |
| Incorporation of limited liability partnership and matters incidental thereto |
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Section 11 |
: |
Incorporation document
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Section 12 |
: |
Incorporation by registration
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Section 13 |
: |
Registered office of limited liability partnership and change therein
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Section 14 |
: |
Effect of registration
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Section 15 |
: |
Name
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Section 16 |
: |
Reservation of name
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Section 17 |
: |
Change of name of limited liability partnership
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Section 18 |
: |
Application for direction to change name in certain circumstances
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Section 19 |
: |
Change of registered name
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Section 20 |
: |
Penalty for improper use of words "limited liability partnership" or "LLP"
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Section 21 |
: |
Publication of name and limited liability
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| Chapter: IV |
| Partners and their relations |
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Section 22 |
: |
Eligibility to be partners
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Section 23 |
: |
Relationship of partners
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Section 24 |
: |
Cessation of partnership interest
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Section 25 |
: |
Registration of changes in partners
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| Chapter: V |
| Extent and limitation of liability of limited liability partnership and partners |
|
Section 26 |
: |
Partner as agent
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Section 27 |
: |
Extent of liability of limited liability partnership
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Section 28 |
: |
Extent of liability of partner
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Section 29 |
: |
Holding out
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Section 30 |
: |
Unlimited liability in case of fraud
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|
Section 31 |
: |
Whistle blowing
|
| Chapter: VI |
| Contributions |
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Section 32 |
: |
Form of contribution
|
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Section 33 |
: |
Obligation to contribute
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| Chapter: VII |
| Financial disclosures |
|
Section 34 |
: |
Maintenance of books of account, other records and audit, etc.
|
|
Section 35 |
: |
Annual return
|
|
Section 36 |
: |
Inspection of documents kept by Registrar
|
|
Section 37 |
: |
Penalty for false statement
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Section 38 |
: |
Power of Registrar to obtain information
|
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Section 39 |
: |
Compounding of offences
|
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Section 40 |
: |
Destruction of old records
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|
Section 41 |
: |
Enforcement of duty to make returns, etc.
|
| Chapter: VIII |
| Assignment and transfer of partnership rights |
|
Section 42 |
: |
Partner's transferable interest
|
| Chapter: IX |
| Investigation |
|
Section 43 |
: |
Investigation of the affairs of limited liability partnership
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Section 44 |
: |
Application by partners for investigation
|
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Section 45 |
: |
Firm, body corporate or association not to be appointed as inspector
|
|
Section 46 |
: |
Power of inspectors to carry out investigation into affairs of related entities, etc.
|
|
Section 47 |
: |
Production of documents and evidence
|
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Section 48 |
: |
Seizure of documents by inspector
|
|
Section 49 |
: |
Inspector's report
|
|
Section 50 |
: |
Prosecution
|
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Section 51 |
: |
Application for winding up of limited liability partnership
|
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Section 52 |
: |
Proceedings for recovery of damages or property
|
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Section 53 |
: |
Expenses of investigation
|
|
Section 54 |
: |
Inspector's report to be evidence
|
| Chapter: X |
| Conversion to limited liability partnership |
|
Section 55 |
: |
Conversion from firm into limited liability partnership
|
|
Section 56 |
: |
Conversion from private company into limited liability partnership
|
|
Section 57 |
: |
Conversion from unlisted public company into limited liability partnership
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|
Section 58 |
: |
Registration and effect of conversion
|
| Chapter: XI |
| Foreign limited liability partnerships |
|
Section 59 |
: |
Foreign limited liability partnerships
|
| Chapter: XII |
| Compromise, arrangement or reconstruction of limited liability partnerships |
|
Section 60 |
: |
Compromise, or arrangement of limited liability partnerships
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|
Section 61 |
: |
Power of Tribunal to enforce compromise or arrangement
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|
Section 62 |
: |
Provisions for facilitating reconstruction or amalgamation of limited liability partnerships
|
| Chapter: XIII |
| Winding up and dissolution |
|
Section 63 |
: |
Winding up and dissolution
|
|
Section 64 |
: |
Circumstances in which limited liability partnership may be wound up by Tribunal
|
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Section 65 |
: |
Rules for winding up and dissolution
|
| Chapter: XIV |
| Miscellaneous |
|
Section 66 |
: |
Business transactions of partner with limited liability partnership
|
|
Section 67 |
: |
Application of the provisions of the Companies Act
|
|
Section 68 |
: |
Electronic filing of documents
|
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Section 69 |
: |
Payment of additional fee
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Section 70 |
: |
Enhanced punishment
|
|
Section 71 |
: |
Application of other laws not barred
|
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Section 72 |
: |
Jurisdiction of Tribunal and Appellate Tribunal
|
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Section 73 |
: |
Penalty on non-compliance of any order passed by Tribunal
|
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Section 74 |
: |
General penalties
|
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Section 75 |
: |
Power of Registrar to strike defunct limited liability partnership off register
|
|
Section 76 |
: |
Offences to limited liability partnerships
|
|
Section 77 |
: |
Jurisdiction of Court
|
|
Section 78 |
: |
Power to alter Schedules
|
|
Section 79 |
: |
Power to make rules
|
|
Section 80 |
: |
Power to remove difficulties
|
|
Section 81 |
: |
Transitional provisions
|
| Schedules |
|
-Sch - 01 |
: |
PROVISIONS REGARDING MATTERS RELATING TO MUTUAL RIGHTS AND DUTIES OF PARTNERS AND LIMITED LIABILITY PARTNERSHIP AND ITS PARTNERS APPLICABLE IN THE ABSENCE OF ANY AGREEMENT ON SUCH MATTERS
|
|
-Sch - 02 |
: |
CONVERSION FROM FIRM INTO LIMITED LIABILITY PARTNERSHIP
|
|
-Sch - 03 |
: |
CONVERSION FROM PRIVATE COMPANY INTO LIMITED LIABILITY PARTNERSHIP
|
|
-Sch - 04 |
: |
CONVERSION FROM UNLISTED PUBLIC COMPANY INTO LIMITED LIABILITY PARTNERSHIP
|
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