LLP agreement filing requirements receive a special carve-out for regulated classes under prescribed conditions. A proviso is inserted in section 23(2) of the Limited Liability Partnership Act, 2008 to create a separate filing regime for changes in the limited liability partnership agreement. For prescribed classes of LLPs regulated by the Securities and Exchange Board of India or the International Financial Services Centres Authority, the filing requirement for amendments to the LLP agreement will apply as may be prescribed. The amendment creates a carve-out from the general filing requirement for such regulated LLP classes.
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.
LLP agreement filing requirements receive a special carve-out for regulated classes under prescribed conditions.
A proviso is inserted in section 23(2) of the Limited Liability Partnership Act, 2008 to create a separate filing regime for changes in the limited liability partnership agreement. For prescribed classes of LLPs regulated by the Securities and Exchange Board of India or the International Financial Services Centres Authority, the filing requirement for amendments to the LLP agreement will apply as may be prescribed. The amendment creates a carve-out from the general filing requirement for such regulated LLP classes.
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