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        Clause 28 - Extent of liability of partner

        Limited Liability Partnership Bill, 2008

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        Limited liability shields partners from partnership obligations while preserving personal liability for their own wrongful acts. A partner of a limited liability partnership is not personally liable for partnership obligations solely by reason of being a partner, but remains personally liable for his or her own wrongful acts or omissions; a partner is not personally liable for wrongful acts or omissions of other partners.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Limited liability shields partners from partnership obligations while preserving personal liability for their own wrongful acts.

                                A partner of a limited liability partnership is not personally liable for partnership obligations solely by reason of being a partner, but remains personally liable for his or her own wrongful acts or omissions; a partner is not personally liable for wrongful acts or omissions of other partners.


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