https://www.taxtmi.com/article/detailed?id=800 Section 42 of the LLP Act, 2008 permits partners to transfer or assign their economic rights in an LLP-share of profits and losses and rights to distributions-wholly or partly, without causing partner disassociation, dissolution, or winding up, and without conferring on the transferee management rights, conduct rights, or access to LLP transaction information; non economic rights remain subject to the LLP agreement and transfers that effect change in partnership composition must comply with other LLP Act provisions. en-us Tue, 25 May 2010 16:36:36 +0530 Tue, 25 May 2010 18:35:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=800 Section 42 of the LLP Act, 2008 permits partners to transfer or assign their economic rights in an LLP-share of profits and losses and rights to distributions-wholly or partly, without causing partner disassociation, dissolution, or winding up, and without conferring on the transferee management rights, conduct rights, or access to LLP transaction information; non economic rights remain subject to the LLP agreement and transfers that effect change in partnership composition must comply with other LLP Act provisions. Articles Limited Liability Partnership - LLP Tue, 25 May 2010 16:36:36 +0530 https://www.taxtmi.com/article/detailed?id=800