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Punishment for contravention of sections 7 and 9

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Full Text of the Document

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....a penalty of ten thousand rupees and in case of continuing contravention, with a further penalty of one hundred rupees for each day after the first during which such contravention continues, subject to a maximum of one lakh rupees for the limited liability partnership and fifty thousand rupees for every partner of such limited liability partnership.]. 3[(2) If the limited liability partnership co....

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.... each day after the first during which such contravention continues, subject to a maximum of one lakh rupees for the limited liability partnership and fifty thousand rupees for its every partner.] ************* NOTES:- 1. Omitted vide THE LIMITED LIABILITY PARTNERSHIP (AMENDMENT) ACT, 2021 dated 13-08-2021 w.e.f. 01-04-2022 before it was read as ", 8" 2. Substituted vide THE LIMITED....

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