Registrar requisition compliance under LLP law attracts a penalty for failure without lawful excuse. Section 38 of the Limited Liability Partnership Act, 2008 is amended by omitting the words 'or requisition' from sub-section (3) and inserting a new sub-section imposing a penalty for failure, without lawful excuse, to comply with any requisition of the Registrar under that section, other than summons. The new provision creates a specific penalty consequence for non-compliance with the Registrar's requisitions while expressly excluding summons from its scope.
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.
Registrar requisition compliance under LLP law attracts a penalty for failure without lawful excuse.
Section 38 of the Limited Liability Partnership Act, 2008 is amended by omitting the words "or requisition" from sub-section (3) and inserting a new sub-section imposing a penalty for failure, without lawful excuse, to comply with any requisition of the Registrar under that section, other than summons. The new provision creates a specific penalty consequence for non-compliance with the Registrar's requisitions while expressly excluding summons from its scope.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
