Official source document text
Open the official act record for the complete document, schedules and attachments.
About this act
- Jurisdiction
- Central
- Enactment date
- 2009-01-07
- Sections available
- 88
Commencement information from the source
31-03-2009
Read the sections
1Short title, extent and commencement.→2Definitions.→3Limited liability partnership to be body corporate.→4Non-applicability of the Indian Partnership Act, 1932.→5Partners.→6Minimum number of partners.→7Designated partners.→8Liabilities of designated partners.→9Changes in designated partners.→10Punishment for contravention of sections 7 and 9.→11Incorporation document.→12Incorporation by registration.→13Registered office of limited liability partnership and change therein.→14Effect of registration.→15Name.→16Reservation of name.→17Rectification of name of limited liability partnership.→18Omitted.→19Change of registered name.→20Penalty for improper use of words "limited liability partnership" or "LLP".→21Publication of name and limited liability.→22Eligibility to be partners.→23Relationship of partners.→24Cessation of partnership interest.→25Registration of changes in partners.→26Partner as agent.→27Extent of liability of limited liability partnership.→28Extent of liability of partner.→29Holding out.→30Unlimited liability in case of fraud.→31Whistle blowing.→32Form of contribution.→33Obligation to contribute.→34Maintenance of books of account, other records and audit, etc.→34AAccounting and auditing standards.→35Annual return.→36Inspection of documents kept by Registrar.→37Penalty for false statement.→38Power of Registrar to obtain information.→39Compounding of offences.→40Destruction of old records.→41Enforcement of duty to make returns, etc.→42Partner's transferable interest.→43Investigation of the affairs of limited liability partnership.→44Application by partners for investigation.→45Firm, body corporate or association not to be appointed as inspector.→46Power of inspectors to carry out investigation into affairs of related entities, etc.→47Production of documents and evidence.→48Seizure of documents by inspector.→49Inspector's report.→50Prosecution.→51Application for winding up of limited liability partnership.→52Proceedings for recovery of damages or property.→53Expenses of investigation.→54Inspector's report to be evidence.→55Conversion from firm into limited liability partnership.→56Conversion from private company into limited liability partnership.→57Conversion from unlisted public company into limited liability partnership.→58Registration and effect of conversion.→59Foreign limited liability partnerships.→60Compromise, or arrangement of limited liability partnerships.→61Power of Tribunal to enforce compromise or arrangement.→62Provisions for facilitating reconstruction or amalgamation of limited liability partnerships.→63Winding up and dissolution.→64Circumstances in which limited liability partnership may be wound up by Tribunal.→65Rules for winding up and dissolution.→66Business transactions of partner with limited liability partnership.→67Application of the provisions of the Companies Act.→67AEstablishment of Special Courts.→67BProcedure and powers of Special Court.→67CAppeal and revision.→68Electronic filing of documents.→68ARegistration offices.→69Payment of additional fee.→70Enhanced punishment.→71Application of other laws not barred.→72Jurisdiction of Tribunal and Appellate Tribunal.→73Omitted.→74General penalties.→75Power of Registrar to strike defunct limited liability partnership off register.→76Offences to limited liability partnerships.→76AAdjudication of penalties.→77Jurisdiction of Courts.→77ACognizance of offences.→78Power to alter Schedules.→79Power to make rules.→80Power to remove difficulties.→81Omitted.→
Schedules
THE FIRST SCHEDULEOfficial attachment ↗THE SECOND SCHEDULE.Official attachment ↗THE THIRD SCHEDULE.Official attachment ↗THE FOURTH SCHEDULE.Official attachment ↗
India Code, Government of India. Text fetched 25 Oct 2026. Source metadata reports last modification: 2019-12-02. Check the linked official text and subsequent notifications when applying a provision.