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of <h1>Central Government Can Apply Companies Act Provisions to LLPs with Modifications Under Clause 67 of LLP Bill, 2008.</h1> Clause 67 of the Limited Liability Partnership Bill, 2008 allows the Central Government to apply provisions of the Companies Act, 1956 to limited liability partnerships (LLPs) through a notification in the Official Gazette. These provisions can be applied with specified exceptions, modifications, or adaptations. Before issuing such a notification, a draft must be presented to both Houses of Parliament for a total of thirty days. If both Houses disapprove or suggest modifications within this period, the notification must be altered accordingly or not issued at all.
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