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.
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.
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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