LLP 2008

I - Preliminary
	Section - 2 : Definitions
II - Nature of limited liability partnership
	Section - 3 : Limited liability partnership to be body corporate
	Section - 4 : Non-applicability of the Indian Partnership Act, 1932
	Section - 5 : Partners
	Section - 6 : Minimum number of partners
	Section - 7 : Designated partners
	Section - 8 : Liabilities of designated partners
	Section - 9 : Changes in designated partners
	Section - 10 : Punishment for contravention of sections 7, 8 and 9
III - Incorporation of limited liability partnership and matters incidental thereto
	Section - 11 : Incorporation document
	Section - 12 : Incorporation by registration
	Section - 13 : Registered office of limited liability partnership and change therein
	Section - 14 : Effect of registration
	Section - 15 : Name
	Section - 16 : Reservation of name
	Section - 17 : Change of name of limited liability partnership
	Section - 18 : Application for direction to change name in certain circumstances
	Section - 19 : Change of registered name
	Section - 20 : Penalty for improper use of words “limited liability partnership” or “LLP”
	Section - 21 : Publication of name and limited liability
IV - Partners and their relations
	Section - 22 : Eligibility to be partners
	Section - 23 : Relationship of partners
	Section - 24 : Cessation of partnership interest
	Section - 25 : Registration of changes in partners
V - Extent and limitation of liability of limited liability partnership and partners
	Section - 26 : Partner as agent
	Section - 27 : Extent of liability of limited liability partnership
	Section - 28 : Extent of liability of partner
	Section - 29 : Holding out
	Section - 30 : Unlimited liability in case of fraud
	Section - 31 : Whistle blowing
VI - Contributions
	Section - 32 : Form of contribution
	Section - 33 : Obligation to contribute
VII - Financial disclosures
	Section - 34 : Maintenance of books of account, other records and audit, etc
	Section - 35 : Annual return
	Section - 36 : Inspection of documents kept by Registrar
	Section - 37 : Penalty for false statement
	Section - 38 : Power of Registrar to obtain information
	Section - 39 : Compounding of offences
	Section - 40 : Destruction of old records
	Section - 41 : Enforcement of duty to make returns, etc
VIII - Assignment and transfer of partnership rights
	Section - 42 : Partner’s transferable interest
IX - Investigation
	Section - 43 : Investigation of the affairs of limited liability partnership
	Section - 44 : Application by partners for investigation
	Section - 45 : Firm, body corporate or association not to be appointed as inspector
	Section - 46 : Power of inspectors to carry out investigation into affairs of related entities, etc
	Section - 47 : Production of documents and evidence
	Section - 48 : Seizure of documents by inspector
	Section - 49 : Inspector’s report
	Section - 50 : Prosecution
	Section - 51 : Application for winding up of limited liability partnership
	Section - 52 : Proceedings for recovery of damages or property
	Section - 53 : Expenses of investigation
	Section - 54 : Inspector’s report to be evidence
X - Conversion to limited liability partnership
	Section - 55 : Conversion from firm into limited liability partnership
	Section - 56 : Conversion from private company into limited liability partnership
	Section - 57 : Conversion from unlisted public company into limited liability partnership
	Section - 58 : Registration and effect of conversion