| Chapter: I |
| Preliminary |
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Section 1 |
: |
Short title, extent and commencement
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Section 2 |
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Definitions
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| Chapter: II |
| Nature of limited liability partnership |
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Section 3 |
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Limited liability partnership to be body corporate
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Section 4 |
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Non-applicability of the Indian Partnership Act, 1932
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Section 5 |
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Partners
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Section 6 |
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Minimum number of partners
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Section 7 |
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Designated partners
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Section 8 |
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Liabilities of designated partners
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Section 9 |
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Changes in designated partners
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Section 10 |
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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 |
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Incorporation by registration
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Section 13 |
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Registered office of limited liability partnership and change therein
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Section 14 |
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Effect of registration
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Section 15 |
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Name
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Section 16 |
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Reservation of name
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Section 17 |
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Change of name of limited liability partnership
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Section 18 |
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Application for direction to change name in certain circumstances
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Section 19 |
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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 |
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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 |
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Relationship of partners
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Section 24 |
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Cessation of partnership interest
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Section 25 |
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Registration of changes in partners
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| Chapter: V |
| Extent and limitation of liability of limited liability partnership and partners |
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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
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| 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 |
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Section 34 |
: |
Maintenance of books of account, other records and audit, etc.
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Section 35 |
: |
Annual return
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Section 36 |
: |
Inspection of documents kept by Registrar
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Section 37 |
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Penalty for false statement
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Section 38 |
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Power of Registrar to obtain information
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Section 39 |
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Compounding of offences
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Section 40 |
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Destruction of old records
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Section 41 |
: |
Enforcement of duty to make returns, etc.
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| Chapter: VIII |
| Assignment and transfer of partnership rights |
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Section 42 |
: |
Partner's transferable interest
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| Chapter: IX |
| Investigation |
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Section 43 |
: |
Investigation of the affairs of limited liability partnership
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Section 44 |
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Application by partners for investigation
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Section 45 |
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Firm, body corporate or association not to be appointed as inspector
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Section 46 |
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Power of inspectors to carry out investigation into affairs of related entities, etc.
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Section 47 |
: |
Production of documents and evidence
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Section 48 |
: |
Seizure of documents by inspector
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Section 49 |
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Inspector's report
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Section 50 |
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Prosecution
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Section 51 |
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Application for winding up of limited liability partnership
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Section 52 |
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Proceedings for recovery of damages or property
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Section 53 |
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Expenses of investigation
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Section 54 |
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Inspector's report to be evidence
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| Chapter: X |
| Conversion to limited liability partnership |
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Section 55 |
: |
Conversion from firm into limited liability partnership
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Section 56 |
: |
Conversion from private company into limited liability partnership
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Section 57 |
: |
Conversion from unlisted public company into limited liability partnership
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Section 58 |
: |
Registration and effect of conversion
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| Chapter: XI |
| Foreign limited liability partnerships |
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Section 59 |
: |
Foreign limited liability partnerships
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| Chapter: XII |
| Compromise, arrangement or reconstruction of limited liability partnerships |
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Section 60 |
: |
Compromise, or arrangement of limited liability partnerships
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Section 61 |
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Power of Tribunal to enforce compromise or arrangement
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Section 62 |
: |
Provisions for facilitating reconstruction or amalgamation of limited liability partnerships
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| Chapter: XIII |
| Winding up and dissolution |
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Section 63 |
: |
Winding up and dissolution
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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
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| Chapter: XIV |
| Miscellaneous |
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Section 66 |
: |
Business transactions of partner with limited liability partnership
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Section 67 |
: |
Application of the provisions of the Companies Act
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Section 68 |
: |
Electronic filing of documents
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Section 69 |
: |
Payment of additional fee
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Section 70 |
: |
Enhanced punishment
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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
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Section 76 |
: |
Offences to limited liability partnerships
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Section 77 |
: |
Jurisdiction of Court
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Section 78 |
: |
Power to alter Schedules
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Section 79 |
: |
Power to make rules
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Section 80 |
: |
Power to remove difficulties
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Section 81 |
: |
Transitional provisions
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| 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
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|
Sch - 02 |
: |
CONVERSION FROM FIRM INTO LIMITED LIABILITY PARTNERSHIP
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Sch - 03 |
: |
CONVERSION FROM PRIVATE COMPANY INTO LIMITED LIABILITY PARTNERSHIP
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Sch - 04 |
: |
CONVERSION FROM UNLISTED PUBLIC COMPANY INTO LIMITED LIABILITY PARTNERSHIP
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