Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Statutory Provisions

Home Acts & Rules Bill Bills Limited Liability Partnership Bill, 2008 This

Clause 9 - Changes in designated Partners - Limited Liability Partnership Bill, 2008

Limited Liability Partnership Bill, 2008
  • Contents

Changes in designated Partners.

9. A limited liability partnership may appoint a designated partner within thirty days of a vacancy arising for any reason and provisions of sub-section (4) and sub-section (5) of section 7 shall apply in respect of such new designated partner:

Provided that if no designated partner is appointed, or if at any time there is only one designated partner, each partner shall be deemed to be a designated partner.

 
 
 
 

Quick Updates:Latest Updates