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        F. Acts / Amendment Acts

        Section 15 - Amendment of section 35

        The Limited Liability Partnership (Amendment) Act, 2021

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        Penalty for failure to file annual return imposes daily fines up to specified caps for LLPs and partners. Amendment substitutes sub-sections (2) and (3) of section 35 to impose a daily monetary penalty for failure to file the annual return, making the limited liability partnership and its designated partners liable to a time based financial sanction subject to distinct aggregate caps for the LLP and for designated partners.
                        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.

                              Penalty for failure to file annual return imposes daily fines up to specified caps for LLPs and partners.

                              Amendment substitutes sub-sections (2) and (3) of section 35 to impose a daily monetary penalty for failure to file the annual return, making the limited liability partnership and its designated partners liable to a time based financial sanction subject to distinct aggregate caps for the LLP and for designated partners.


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