Form of contribution
Section 32 of the Limited Liability Partnership Act, 2008 deals with form of contribution. A contribution of a partner may consist of tangible, movable or immovable or intangible property or other benefit to the limited liability partnership, including money, promissory notes, other agreements to contribute cash or property, and contracts for services performed or to be performed. The Act came into force on 31 Mar 2009.
(1) A contribution of a partner may consist of tangible, movable or immovable or intangible property or other benefit to the limited liability partnership, including money, promissory notes, other agreements to contribute cash or property, and contracts for services performed or to be performed.
(2) The monetary value of contribution of each partner shall be accounted for and disclosed in the accounts of the limited liability partnership in the manner as may be prescribed.
Section 32, The Limited Liability Partnership Act, 2008 (Act 6 of 2009).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Referred to by 1
Made under this section, and citing it
1 instrument names this provision in its title or its text without being made under it.
Questions about Section 32
What does Section 32 of the Limited Liability Partnership Act deal with?
Section 32 of the Limited Liability Partnership Act is headed "Form of contribution". A contribution of a partner may consist of tangible, movable or immovable or intangible property or other benefit to the limited liability partnership, including money, promissory notes, other agreements to contribute cash or property, and contracts for services performed or to be performed.
How do I find court cases under Section 32 of the Limited Liability Partnership Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Limited Liability Partnership Act 32, section 32 Limited Liability Partnership Act, section 32 of the Limited Liability Partnership Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 32 of the Limited Liability Partnership Act, and has it changed?
1 other provision in this corpus refers back to it. One instrument names it without being made under it, most recently Notification of sections 1, 2 (except clauses (c) and (u) of its sub-section (1)), Sections 3 to 30, Section 31 except of its application in context of the 'Tribunal', Sections 32 to 50, Sections 52 to 54, Sections 59 to 62, Sections 66 to 71, Sections 74 to 80, Section 81 except clasuses (b) to the extent of its application to Sections 51, 63 and 64 and clause (c), First Schedule (2009).
When did Section 32 of the Limited Liability Partnership Act come into force?
Section 32 of the Limited Liability Partnership Act, cited as Limited Liability Partnership Act 32, came into force on 31 Mar 2009, having been enacted on 07 Jan 2009. It is in force as at the date shown on this page.
Other sections of this Act
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. Text as in force on 14 Oct 2026. This page is not a substitute for legal advice.