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Statutory Provisions

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

Clause 66 - Business transactions of partner with limited liability partnership - Limited Liability Partnership Bill, 2008

Limited Liability Partnership Bill, 2008
  • Contents

CHAPTER XIV

Miscellaneous

Business transactions of partner with limited liability partnership.

66. A partner may lend money to and transact other business with the limited liability partnership and has the same rights and obligations with respect to the loan or other transactions as a person who is not a partner.

 
 
 
 

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