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Section 13 - Amendment of section 34 - THE LIMITED LIABILITY PARTNERSHIP (AMENDMENT) ACT, 2021

Extract

..... Amendment of section 34 13. In section 34 of the principal Act, for sub-section (5), the following sub-sections shall be substituted, namely:- “(5) Any limited liability partnership which fails to comply with the provisions of sub-section (3), .....

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Section 13 - Amendment of section 34 - THE LIMITED LIABILITY PARTNERSHIP (AMENDMENT) ACT, 2021

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..... which shall not be less than twenty-five thousand rupees, but may extend to five lakh rupees and every designated partner of such limited liability partnership shall be punishable with fine which shall not be less than ten thousand rupees, but may ex .....

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Section 13 - Amendment of section 34 - THE LIMITED LIABILITY PARTNERSHIP (AMENDMENT) ACT, 2021

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