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of <h1>Clause 79 Empowers Central Government to Establish Rules for LLPs Including Fees, Document Filing, and Foreign Handling.</h1> Clause 79 of the Limited Liability Partnership Bill, 2008, grants the Central Government the authority to make rules via notification in the Official Gazette to implement the Act's provisions. These rules cover various aspects, including consent forms for designated partners, incorporation document filing, fee structures, name reservation, accounting practices, and document maintenance. The rules also address issues like annual returns, inspection fees, document destruction, and the handling of foreign LLPs. Once formulated, these rules must be presented to Parliament for approval within a specified period, allowing for modifications or annulments without affecting prior actions.
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