Limited Liability Partnerships - Ready Reckoner

Book Details

CONTENTS AT A GLANCE

Preface	iii
Author's Profile	vii
CHAPTER 1: About the Limited Liability Partnership Act, 2008	1
CHAPTER 2: Incorporation of LLP and matters incidental thereto	12
CHAPTER 3: Partners and Designated Partners	28
CHAPTER 4: LLP Agreement	47
CHAPTER 5: Extent and Limitation of Liability of LLP and Partners	51
CHAPTER 6: Contributions	56
CHAPTER 7: Accounts, Audit and Annual Return of LLPs	62
CHAPTER 8: Assignment and Transfer of Partnership Rights	71
CHAPTER 9: Inspection and Investigation	73
CHAPTER 10: Conversion into LLP and Vice Versa	86
CHAPTER 11: Foreign LLPs	116
CHAPTER 12: Compromise, Arrangement, or Reconstruction of LLPs	123
CHAPTER 13: Winding-up and Dissolution	144
CHAPTER 14: Striking off the name of the LLP from the Register	178
CHAPTER 15: Company versus LLP: A Comparison	183
CHAPTER 16: Partnership Firm versus LLP: A Comparison	196
CHAPTER 17: Establishment of Special Courts and Jurisdiction of Courts, Tribunal and Appellate Tribunal	205
CHAPTER 18: Offences by LLPs, Adjudication of Penalties and Compounding of Offences	214
CHAPTER 19: Ready Reckoner – Penal Provisions under the LLP Act	224
CHAPTER 20: Electronic Filing of Documents and Powers of ROC to call for Information	238
CHAPTER 21: Applicability of the Provisions of the Companies Act to the LLPs	245
CHAPTER 22: Taxation of LLPs	264
CHAPTER 23: Foreign Direct Investment in LLPs	291
CHAPTER 24: Overseas Investment by LLPs	309
CHAPTER 25: LLPs by and amongst Professionals, viz, CAs, CSs, CWAs, Advocates	329
CHAPTER 26: LLP – An Eligible Start-up Entity	369
CHAPTER 27: Admission of LLP as Member of Stock Exchange(s)	375
CHAPTER 28: Admission of LLP as an Insurance Broker	380
APPENDICES:	�
Appendix 1 The Limited Liability Partnership Act, 2008	385
Appendix 2 The Limited Liability Partnership Rules, 2009	445
Appendix 3 The Limited Liability Partnership (Winding-Up and Dissolution) Rules, 2012	485
Appendix 4 The Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023	576

About the Author

Hitender Mehta

Mr. Hitender Mehta, FCS, FCA, LLB, is Managing Partner of CENTRUM LEGAL, a corporate legal advisory firm headquartered in Gurugram,India. Advisor to many Indian and multinational companies, his practice areas include corporate laws, Insolvency & Bankruptcy Code, foreign exchange laws, cyber laws, labour and industrial laws, special economic zones, real estate and corporate dispute resolution. He has been advising on legal compliance management, business structuring, giving opinions on complex legal issues and conducting legal due diligence exercises to facilitate business acquisitions, strategic business partnerships, joint ventures, etc.

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