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of <h1>Partners Must Notify Changes Within 15 Days Under Clause 25 of LLP Bill 2008; Non-Compliance Leads to Fines</h1> Clause 25 of the Limited Liability Partnership Bill, 2008, mandates that partners must notify the partnership of any changes in their name or address within fifteen days. The partnership must then file a notice with the Registrar within thirty days when a person becomes or ceases to be a partner or if there is any change in a partner's name or address. Notices must be in a prescribed form, signed by the designated partner, and authenticated. Failure to comply results in fines ranging from two thousand to twenty-five thousand rupees. A partner can independently notify the Registrar if the partnership fails to do so.
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