Eligibility to be partners ensures incorporation subscribers become partners; others may join under LLP agreement. On incorporation of a limited liability partnership the persons who subscribe the incorporation document become partners, and any other person may become a partner only by and in accordance with the limited liability partnership agreement.
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.
Eligibility to be partners ensures incorporation subscribers become partners; others may join under LLP agreement.
On incorporation of a limited liability partnership the persons who subscribe the incorporation document become partners, and any other person may become a partner only by and in accordance with the limited liability partnership agreement.
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