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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Partner Contributions to LLPs Can Include Assets, Money, Promissory Notes, and Service Contracts Under LLP Act, 2008</h1> A partner's contribution to a limited liability partnership (LLP) under the Limited Liability Partnership Act, 2008, can include tangible, movable, immovable, or intangible assets, as well as benefits like money, promissory notes, agreements for cash or property contributions, and service contracts. The monetary value of each partner's contribution must be recorded and disclosed in the LLP's accounts as prescribed by regulations.
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