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LLP Act, 2008

27 microlessons in this chapter
Read each in 5 minutes. Each has worked examples + the bare-Act text for reference.
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All lessons

1
Additional Fee & Enhanced Punishment (Sections 69 & 70)
2
Annual Return (Section 35)
3
Books of Account, Statement of Account & Solvency, Audit (Section 34 & 34A)
4
Compounding of Offences (Section 39)
5
Compromise or Arrangement of LLP (Section 60)
6
Contribution by Partners (Sections 32 & 33)
7
Contributions (Sections 32–33)
8
Conversion into LLP — Sections 55, 56, 57 & 58
9
Extent of Liability of Partners (Section 28)
10
Financial Disclosures (Sections 34, 34A, 35)
11
Holding Out (Section 29)
12
Incorporation of LLP (Sections 11–14)
13
Inspection of Documents & Penalty for False Statement (Sections 36 & 37)
14
Key Definitions
15
LLP vs Limited Liability Company — Comparison
16
LLP vs Partnership Firm — Comparison
17
Liability of LLP and Partners (Sections 27–31)
18
Name of LLP (Sections 15–17)
19
Partner's Business Transactions with LLP & Application of Companies Act (Sections 66 & 67)
20
Partner's Transferable Interest (Section 42)
21
Partners and Designated Partners (Sections 5–9)
22
Partners and Their Relations (Sections 22–26)
23
Registrar's Power to Obtain Information (Section 38)
24
Tribunal's Power to Enforce C/A & Reconstruction/Amalgamation (Sections 61 & 62)
25
Unlimited Liability in Case of Fraud (Section 30)
26
Whistle Blowing (Section 31)
27
Winding Up of LLP (Sections 63 & 64)
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