Extension of prescribed compliance period under Section 30(2) increases time available for LLP-related actions by statute. The LLP (Amendment) Act, 2021 substitutes a longer duration for the period expressed in Section 30(2) of the principal Act, thereby extending the ... Summary
Extension of prescribed compliance period under Section 30(2) increases time available for LLP-related actions by statute.
The LLP (Amendment) Act, 2021 substitutes a longer duration for the period expressed in Section 30(2) of the principal Act, thereby extending the statutory timeline within which LLP-related acts or filings specified by that sub section must be completed; the amendment is a textual replacement of the prescribed period and does not alter other procedural requirements in the principal Act.
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