## Key Definitions under the LLP Act, 2008
These definitions show up routinely in MCQs and case-style questions. Memorise both the inclusions and the exclusions.
### 1. Address — Sec. 2(1)(a)
In relation to a partner of an LLP, address means:
- if an individual — his usual residential address; and
- if a body corporate — the address of its registered office.
### 2. Body Corporate — Sec. 2(1)(d)
Means a company as defined in clause (20) of section 2 of the Companies Act, 2013 AND includes —
- An LLP registered under the LLP Act;
- A LLP incorporated outside India; and
- A company incorporated outside India.
But does NOT include —
- A corporation sole;
- A co-operative society registered under any law; and
- Any other body corporate notified by the Central Government in the Official Gazette as being excluded.
### 3. Business — Sec. 2(1)(e)
Includes every trade, profession, service and occupation, except any activity that the Central Government may, by notification, exclude.
### 4. Chartered Accountant — Sec. 2(1)(f)
A CA as defined under section 2(1)(b) of the Chartered Accountants Act, 1949, who has obtained a Certificate of Practice under section 6(1) of that Act.
### 5. Entity — Sec. 2(1)(k)
Any body corporate, AND — for the purposes of sections 18, 46, 47, 48, 49, 50, 52 and 53 — also includes a firm set up under the Indian Partnership Act, 1932.
### 6. Name — Sec. 2(1)(p)
In relation to a partner of an LLP:
- if an individual — forename, middle name and surname;
- if a body corporate — its registered name.
### 7. Regional Director — Sec. 2(1)(ra)
A person appointed as such by the Central Government for the purpose of the LLP Act or the Companies Act, 2013.
### 8. Registrar — Sec. 2(1)(s)
A person appointed by the Central Government as Registrar, Additional Registrar, Joint Registrar, Deputy Registrar or Assistant Registrar for the purpose of the LLP Act or the Companies Act, 2013.