Limited Liability Partnership Act, 2008 with Rules, 2009 [Act 6 of 2009, dt. 7-1-2009, w.e.f. 31-3-2009] [As Amended by The Limited Liability Partnership (Amendment) Act, 2021 | Commercial Law | 2024

The Limited Liability Partnership Act, 2008 with Rules, 2009 [Act 6 of 2009, dt. 7-1-2009, w.e.f. 31-3-2009]! ??

This comprehensive legal guide is essential for understanding and navigating the intricacies of limited liability partnerships (LLPs) in India. From its inception in 2008 to its latest amendment in 2021, this Act provides a robust framework to facilitate the formation and functioning of LLPs.

?? Inside this Act, you'll find:
? A detailed explanation of the legal provisions governing LLPs, ensuring a solid foundation of knowledge.
? An overview of the benefits and advantages of choosing the LLP structure, allowing you to make an informed decision for your business.
? Clear guidelines on the registration process, including the necessary documentation and steps involved.
? Insights into the rights and obligations of partners, enabling smooth collaborations and effective decision-making within the partnership.
? Provisions for the appointment and removal of partners, ensuring transparency and accountability in the management of the LLP.
? Guidelines for the financial aspects of LLPs, such as capital contribution, profit sharing, and taxation obligations.