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Act6
Enacted 2009

The Limited Liability Partnership Act, 2008

In force 88 sections Corporate Affairs

An Act to make provisions for the formation and regulation of limited liability partnerships and for matters connected therewith or incidental thereto.

Act 6 of 2009 Enacted 07 Jan 2009 In force 31 Mar 2009

Administered by. Ministry of Corporate Affairs · Other Acts of 2009

Preamble

THE LIMITED LIABILITY PARTNERSHIP ACT, 2008

ACT NO. 6 OF 2009

[7th January, 2009.] An Act to make provisions for the formation and regulation of limited liability partnerships and for matters connected therewith or incidental thereto.

BE it enacted by Parliament in the Fifty-ninth Year of the Republic of India as follows:--

Sections

Type to filter. 88 sections.

  1. 1Short title, extent and commencement
  2. 2Definitions
  3. 3Limited liability partnership to be body corporate
  4. 4Non-applicability of the Indian Partnership Act, 1932
  5. 5Partners
  6. 6Minimum number of partners
  7. 7Designated partners
  8. 8Liabilities of designated partners
  9. 9Changes in designated partners
  10. 10Punishment for contravention of sections 7 and 9
  11. 11Incorporation document
  12. 12Incorporation by registration
  13. 13Registered office of limited liability partnership and change therein
  14. 14Effect of registration
  15. 15Name
  16. 16Reservation of name
  17. 17Rectification of name of limited liability partnership
  18. 18Omitted
  19. 19Change of registered name
  20. 20Penalty for improper use of words "limited liability partnership" or "LLP"
  21. 21Publication of name and limited liability
  22. 22Eligibility to be partners
  23. 23Relationship of partners
  24. 24Cessation of partnership interest
  25. 25Registration of changes in partners
  26. 26Partner as agent
  27. 27Extent of liability of limited liability partnership
  28. 28Extent of liability of partner
  29. 29Holding out
  30. 30Unlimited liability in case of fraud
  31. 31Whistle blowing
  32. 32Form of contribution
  33. 33Obligation to contribute
  34. 34Maintenance of books of account, other records and audit, etc
  35. 34AAccounting and auditing standards
  36. 35Annual return
  37. 36Inspection of documents kept by Registrar
  38. 37Penalty for false statement
  39. 38Power of Registrar to obtain information
  40. 39Compounding of offences
  41. 40Destruction of old records
  42. 41Enforcement of duty to make returns, etc
  43. 42Partner's transferable interest
  44. 43Investigation of the affairs of limited liability partnership
  45. 44Application by partners for investigation
  46. 45Firm, body corporate or association not to be appointed as inspector
  47. 46Power of inspectors to carry out investigation into affairs of related entities, etc
  48. 47Production of documents and evidence
  49. 48Seizure of documents by inspector
  50. 49Inspector's report
  51. 50Prosecution
  52. 51Application for winding up of limited liability partnership
  53. 52Proceedings for recovery of damages or property
  54. 53Expenses of investigation
  55. 54Inspector's report to be evidence
  56. 55Conversion from firm into limited liability partnership
  57. 56Conversion from private company into limited liability partnership
  58. 57Conversion from unlisted public company into limited liability partnership
  59. 58Registration and effect of conversion
  60. 59Foreign limited liability partnerships
  61. 60Compromise, or arrangement of limited liability partnerships
  62. 61Power of Tribunal to enforce compromise or arrangement
  63. 62Provisions for facilitating reconstruction or amalgamation of limited liability partnerships
  64. 63Winding up and dissolution
  65. 64Circumstances in which limited liability partnership may be wound up by Tribunal
  66. 65Rules for winding up and dissolution
  67. 66Business transactions of partner with limited liability partnership
  68. 67Application of the provisions of the Companies Act
  69. 67AEstablishment of Special Courts
  70. 67BProcedure and powers of Special Court
  71. 67CAppeal and revision
  72. 68Electronic filing of documents
  73. 68ARegistration offices
  74. 69Payment of additional fee
  75. 70Enhanced punishment
  76. 71Application of other laws not barred
  77. 72Jurisdiction of Tribunal and Appellate Tribunal
  78. 73Omitted
  79. 74General penalties
  80. 75Power of Registrar to strike defunct limited liability partnership off register
  81. 76Offences to limited liability partnerships
  82. 76AAdjudication of penalties
  83. 77Jurisdiction of Courts
  84. 77ACognizance of offences
  85. 78Power to alter Schedules
  86. 79Power to make rules
  87. 80Power to remove difficulties
  88. 81Omitted

Schedules

This Act has 4 schedules. A schedule is published as a document of its own; the text is reproduced on its page where it has been read, and the document is mirrored here either way.

Amending Acts

1 Act amending this enactment, passed by Parliament of India. The text above is the consolidated text as published.

  • The Limited Liability Partnership (Amendment) Act, 20216 of 2021

Rules made under this Act

40 sets of Rules. India Code publishes Rules as a record and a document rather than as text, so these are indexed here and not reproduced. All Rules.

  • G.S.R 411(E) LLP Amendment Rules 2023 dated 02.06.20232023
  • Appointment of Registrar of Companies as Adjudication Officers under the LLP Act 2008 dated 11.02.20222022
  • Delegation of powers under section 17 of LLP Act 2008 to Regional Directors2022
  • LLP (2nd Amendment) Rules 20222022
  • LLP (Amendment) Rules 20222022
  • Notification for Commencement of sections 1 to 29 of LLP (Amendment) Act 2021.final2022
  • Notification under section 67 of LLP Act 2008 of applying to LLPs,2022
  • Notification of under section 67 of LLP dt 30.01.20202020
  • LLP Second Amend Rules 20182018
  • Limited Liability Partnership (Amendment) Rules, 2018 (1.06 MB)2018
  • Limited Liability Partnership (Amendment) Rules, 2017 (1271 KB)2017
  • LLP(Amendment) Rules, 2016(GSR 418(E) dated 13th April, 2016) (1 MB)2016
  • LLP(Second Amendment) Rules, 2016(G.S.R.593(E) dated 10th June, 2016) (1 MB2016
  • Relaxation of additional fees and extension of time and filing of e-Forms by the Companies under Companies Act, 2013 and for filing of Annual Return (Form 11) by the LLPs under the Limited Liability Partnership Act, 20082016
  • Applicability of Section 458 of Companies Act, 2013 to LLP2015
  • Limited Liability Partnership (Amendment) Rules 20152015
  • Clarification with regard to Trust/trustee as a partner in the Limited Liability Partnerships (LLPS).2014
  • Use of word ‘National’ in the names of Companies or Limited Liability Partnerships (LLPs)2014
  • Conversin of firm into a Limited Liability Partnership - Clarification2013
  • Whether Hindu Undivided Familv (HUF) / its Karta can become partner Designated Partner (DPl in Limited Liabilitv Partnership (LLP).2013
  • Amendments to SO 891 (E) dated 31st Mar 20092012
  • Corrigendum to LLP amendment rules, 2012 (GSR 430(E) dated 5th June 2012): G.S.R 485(E) (220 KB)2012
  • Corrigendum to LLP notification dated 05.06.20122012
  • Extension of time in Filing Annual Return by Limited LiabilityPartnerships2012
  • Extension of time in Filing of annual return by Limited Liability Partnerships(LLPs)2012
  • Limited Liability Partnership (Winding up and Dissolution) Rules, 20122012
  • Limited Liability Partnership (Winding up and Dissolution) Rules, 2012: G.S.R. 550(E) (8 MB)2012
  • Limited Liability Partnership(Second Amendmentment)Rules,20122012
  • Notice under Rule 37(3) of LLP Rule, 20092012
  • Registration of Companies or LLPs which have one of their objects is to carry on the profession of Chartered Accountant, Cost Accountant, Architect, Company Secretary etc.2012
  • The Limited Liability Partnership (Amendment) Rules, 20122012
  • The Limited Liability Partnership (Amendment) Rules, 2012: G.S.R. 430(E) (2.7 MB)2012
  • Circular For DIN DPIN2011
  • Clarification regarding 'Body Corporate' for the purpose of section 226(3)(a) of the Companies Act,1956.2011
  • LLP (Amendment) Rules, 2011 - Insertion of proviso under sub-rule(4)of rule 24. dated 4th November 2011:: G.S.R. 796(E) (345 KB)2011
  • LLP rules 2009(Amendment) rules,dated 5th July 2011: G.S.R. 506(E) (594 KB)2011
  • Limited Liability Partnership (Second Amendment) Rules, 20112011
  • Limited Liability Partnership (Second Amendment) Rules, 2011: G.S.R. 680(E) (2.4 MB)2011
  • Limited Liability Partnership Rules, 2009 (Amendment) Rules, 2011.2011
  • Specification of LLP as a body corporate for the purpose of clause (a) of sub-section (3) of section 226 of the Companies Act, 19562011

Related Acts

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Every one of the 88 sections of this Act has its own page. This page is not a substitute for legal advice.