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of <h1>New Amendment: LLPs Registering as Companies Considered Dissolved Under LLP Act Without Extra Steps, Per Section 374.</h1> Section 374 of the principal Act is amended to include a proviso stating that once a limited liability partnership (LLP), incorporated under the Limited Liability Partnership Act, 2008, registers as a company under this part, it will be considered dissolved under the LLP Act without requiring any additional actions.
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