Register of significant beneficial owners must be maintained and made inspectable during business hours under LLP rules.

A limited liability partnership must maintain a register of significant beneficial owners in Form No. LLP BEN-3. The register must be open for inspection during business hours for a reasonable time as determined by the LLP agreement or partners, subject to a statutory minimum inspection duration and a fee that the LLP may specify within a prescribed cap. These rules impose recordkeeping obligations on the LLP and vest partners with authority to set inspection timing and charges.

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