Rulemaking power for limited liability partnerships enables prescribed procedures, forms and parliamentary oversight of rules. The Central Government may, by notification in the Official Gazette, make rules to carry out the Act, prescribing forms, manners, conditions and fees for designated partners, incorporation and related filings, name and office changes, document service and authentication, accounting, audit and statements of account and solvency, inspection and furnishing of copies, valuation of contributions, LLP agreements, conversion, foreign LLP regulation, meetings, winding up, electronic filing, striking off and related schedule provisions; all rules must be laid before both Houses of Parliament and are subject to modification or annulment by them without affecting prior valid actions.
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.
Rulemaking power for limited liability partnerships enables prescribed procedures, forms and parliamentary oversight of rules.
The Central Government may, by notification in the Official Gazette, make rules to carry out the Act, prescribing forms, manners, conditions and fees for designated partners, incorporation and related filings, name and office changes, document service and authentication, accounting, audit and statements of account and solvency, inspection and furnishing of copies, valuation of contributions, LLP agreements, conversion, foreign LLP regulation, meetings, winding up, electronic filing, striking off and related schedule provisions; all rules must be laid before both Houses of Parliament and are subject to modification or annulment by them without affecting prior valid actions.
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