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  2. Aug 13, 2021 · Limited Liability Partnership Act, 2008. A corporate business vehicle that enables professional expertise and entrepreneurial initiative to combine and operate in flexible, innovative and efficient manner, providing benefits of limited liability while allowing its members the flexibility for organizing their internal structure as a partnership ...

  3. Taking into consideration the suggestions of the August Committee, the revised Bill, namely the Limited Liability Partnership Bill, 2008 was introduced in the Rajya Sabha on 21st October, 2008. The House passed it on 24th October, 2008.

  4. Partnership Bill, 2008 was introduced in the Rajya Sabha on 21st October, 2008. Simultaneous to the introduction of LLP Bill, 2008, on 21st October, 2008, the LLP Bill, 2006 was withdrawn from Rajya Sabha. This LLP Bill, 2008 was considered and passed by Rajya Sabha on 24th October, 2008. The LLP Bill, 2008 as passed by Rajya Sabha is available

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  5. Feb 9, 2021 · On August 9, 2021, the lower house of the Indian Parliament passed the Limited Liability Partnership (Amendment) Bill, 2021 (LLP Bill). Once the LLP Bill receives the assent of the President, it can be notified. The LLP Bill is the first amendment to the Limited Liability Partnership Act, 2008 (LLP Act) since its enactment.

  6. Jul 10, 2009 · Based on such report the Ministry of Corporate Affairs revised the LLP Bill and the revised LLP Bill, 2008 was introduced in the Rajya Sabha on 21st October, 2008. This was passed by the Rajya Sabha on 24th October, 2008. The Bill was passed by Lok Sabha on 12th December, 2008. The President gave assent to this Bill on 7th January, 2009. 3.

  7. The Limited Liability Partnership Act, 2008 was enacted by the Parliament of India to introduce and legally sanction the concept of LLP in India.

  8. Short title, extent and commencement. Definitions. 2. (1) In this Act, unless the context otherwise requires,—. “address”, in relation to a partner of a limited liability partnership, means–. if an individual, his usual residential address; and. if a body corporate, the address of its registered office;

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