Modification of sections 90, 164, 165, 167, sub-section (5) of section 206, sub-section (3) of section 207, 252 and section 439 of the Companies Act,2013 (18 of 2013) - G.S.R. 110 (E) - Companies Law
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Application of company law provisions to limited liability partnerships redefines partner roles, disqualifications, inspection and offence procedures. The notification applies selected provisions of the Companies Act, 2013 to limited liability partnerships with specified substitutions-replacing terms like 'company', 'member', 'director', and 'shares' with 'limited liability partnership', 'partner', 'designated partner', and 'contribution'-and prescribes modified rules on disqualification for becoming or continuing as a designated partner, limits on number of designated partner offices with transitional compliance, inspection powers by Central Government-appointed inspectors, substitution of registers and striking-off procedures, and non-cognizability of offences subject to complaint by prescribed authorities.
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.
Application of company law provisions to limited liability partnerships redefines partner roles, disqualifications, inspection and offence procedures.
The notification applies selected provisions of the Companies Act, 2013 to limited liability partnerships with specified substitutions-replacing terms like "company", "member", "director", and "shares" with "limited liability partnership", "partner", "designated partner", and "contribution"-and prescribes modified rules on disqualification for becoming or continuing as a designated partner, limits on number of designated partner offices with transitional compliance, inspection powers by Central Government-appointed inspectors, substitution of registers and striking-off procedures, and non-cognizability of offences subject to complaint by prescribed authorities.
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