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of <h1>Central Government Holds Delegated Powers Under LLP Bill 2008 for Procedural Rules and Modifying Act Provisions.</h1> The Limited Liability Partnership Bill, 2008, grants the Central Government various powers through delegated legislation. These include defining 'body corporate' exclusions, applying or modifying Companies Act provisions to LLPs, and altering schedules within the Act. The government can establish rules for procedural details, such as partner appointments, document filings, and LLP agreements. Additionally, it can address difficulties in implementing the legislation for up to two years post-commencement. Notifications and rules must be presented to Parliament. The delegated powers focus on procedural and administrative details, deemed impractical to include directly in the Bill.
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