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LLP Act 2008 Part 1
LLP Act 2008 Part 1
LLP Act 2008 Part 1
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1 LLP is abodu- coaponate Sec 2d)
sepamade do aS xtns
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Legal entity
LUP eqiste Undex thiscot
By LLP incoapenatea outsideIndia
9ozet A Conpany incompoa.ated Qutside Tndig
of CForelqn Company1
Centsal Bot Noes noi nclude
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govenerd Coapodaion Sol
Coapodcdion 5ocieu
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-nu othr boducopocte
Calot being- a Cornpan
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3 Mutual HgeneyNo) o
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Urrauthoaised acttoon
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nArat unauthonised ofathe portners
Al petneTS ae Oqent of LP alone.
Shielded romjontaliabilih
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LLP 4 Pantnex S
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LP is liable to foll_extentof it
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assetss
Parhner Liabilih is ha
limited to_ ts
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coataibution
(edtogs of LP Temauin (editos alone
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Maynhaue common sealCHOan)
presence odesigndted
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Aluoaus
Alwa6 used m
desiqnased
Paatnex Both preset comm on_Senl)
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LIP s Creccted by lau legaloess
Activib Asonomnal peaSon
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Intendible. but plot kiioug
Caastinq asse
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Limited Ltabtity
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Nombe Parstner
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Deatet desiqnated Partnez 2
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C out_of shouldbe ndiaLn
Reaidend 100 Daus steu n India.
n pTevious
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PartnenS an manaoe Hhe business
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Desiqnated Paatne Responsibilit ot
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Lega
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cOmplicunce
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Buginee5 F Pfit Ordy
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12.Tnvegtiqation
13.Mevge nalgamate
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Mpation is the bost Mode of worship.
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LUP con merge OmolaCLmate
and
Cecodinq oiLLp Act 2o0
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central 90veanment appoval
Ministy of aCoapoaate Aais
t4.onvevtlon to
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Fim cOnveted
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.Put compCin
Public Co LIP
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ally- fe-illed
Diqitcl eiqnahune aequi-ed
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Siqnahse
16 Foveign LLP
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the sea.
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Section Non Applicabilih of
Tndicn Pcatnexehip Bct
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a32
Provisionof TPA932 shal 'not
apply on LLD
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Any individual
Any Body Coaponate-
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person_cun become. Indian UP.
pcatnen in LLD oreqn llp
existeoce of
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no. of pantneas in
Secion 6:Minimum
LL
minimurnabi mwmberefzaPaatnes
in
LLP
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LL
hit
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Mayimum
Mindmom
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NO Limjt
2 potnes Moditation is tho bost
Moda of worship
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Conditon hen miniouo no.pootneabeloLo
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tOnlyOne caybusiness oa
6mornths LLicbility ot LLP 1S 1TMIED|
AfHer 6 moYthi
Jhe. perSOn_who has knouoledoe of
FACT thot he Cu on LLP business
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ALONE Pesonally- Unlimited
LiableE Liabilit
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Section Desiqnated Potne
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DPIN ha
Designctel Pcratnes Tdentification Nonba.
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Designated Paatnex.
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2 individua muet be
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as Degiqnated Residend of
Pantne Tndio
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appoinded aS
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Designaded ParotmerScacaian
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20. 2aPu2149 Rauo P
DP Designad ed Perotn er
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CONDITJON Amendments MeA
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T Hae ncop.omdtion Dounnend
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Fach orgent
Each of the pahoe oro time
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oith to me of Limited Uabilih Poratnenship
of Al iS cobe) desiqnated pentoea
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TEState in incompomation document
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tobe Poncdher oecorme L
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Cease
desiqnated paatner by- accondante
ithith the Pcqeement L paatmas
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ag3eement
mu cease o bea desiqnated
patnes
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cConse
An indisidual shall not bbecome
PoDP
Aturr
a desiqnated paratner in any LP
undess he has qiven Piorconserzt
be egisei 20hbcooh.
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HndaYS consent for Desianted Patiner oithin
30
30 Days of
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cppoinimen
Ful An
individual a ustsatisu all
aul coi oed condition.
Condition equized
and
fo
equizement
odesiqnated
tonich
pontner
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for D Cpaescibed
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Section 11 TncoponaHon Document
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LLP to e ncorparate.
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Too se moae ha
peason_ agee fo
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Lawhl businessimincoapodation-
doument
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Loith prescaibed fe e.
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2 Incopotiom DDocoent ghalL be
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Peatnenship Deed
Prescaibedfoam-
Name ofiuLp
Panp.osed Businees of P
Registeaed ofikeofLLD
lame add.aess of Each pondnd
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Name addaessof Decch designated
puatneq
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ame Addzess of LLP
AlL othex infoaaationcohich ecLs eq
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3. ine Pernalhyi
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L Lall1antaia
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Section12 Ca Registocr accepStatemerd
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i) As suficied ewidence
) Legcu COompliaun.ces
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HBy Signed Sealed
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)By Regisre
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Section2 CL) ha
ConclusiveEvidente
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S Ceztificate shoul be conclusive evidence
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