Limited liability partnership regime enables formation and regulation, with central government fixing commencement dates by official notification. Establishes a statutory framework for the creation and regulation of entities under the Limited Liability Partnership form, declares the Act's territorial ... Summary
Limited liability partnership regime enables formation and regulation, with central government fixing commencement dates by official notification.
Establishes a statutory framework for the creation and regulation of entities under the Limited Liability Partnership form, declares the Act's territorial extent as the whole of India, and vests the central government with power to bring the Act into force by notification in the Official Gazette, including authority to appoint different commencement dates for different provisions.
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