<h1>Government-Only LLPs Not Recognized Under LLP Act 2008; Audits Governed by LLP Rules 2009.</h1> The Limited Liability Partnership (LLP) Act, 2008, effective from March 31, 2009, allows individuals or corporate bodies to form partnerships. While joint venture LLPs between the government and private sector are feasible, the Act does not recognize a government-only LLP, and thus, no data on such joint ventures is maintained. Audits of LLPs are conducted by members of The Institute of Chartered Accountants of India according to LLP Rules, 2009. This information was provided by the Minister of State in the Ministry of Corporate Affairs in response to a query about government-private sector LLPs.