Law and Practice of Limited Liability Partnership
- Year of Publication: 2018
- Edition: 1st
- ISBN: 8906077411805
- No.of Pages: 1288
The book “Law and Practice of Limited Liability Partnership” is a veritable, section wise commentary on the Limited Liability Partnership Act, 2008 which gave birth to a new form of legal entity which combined the organizational flexibility with limited liability of its partners. As the subject is new and precedents are yet to be developed, the book is illustrated by the precedents drawn from the partnership and the companies ‘laws as also from the precedents from foreign courts. The book is divided in 34 Chapters and 8 Annexures. At end of the book given Subject Index and List of Case Laws.
- Chapters 1-4 are introductory chapter’s whichdeal with historical back ground, an overview of the Act, a brief survey of the Partnership and the Companies Act
- Chapter 5 explains the preamble and various definitions
- Chapter 6 deals with the nature of the limited liability partnership
- Chapter 7, The Indian Partnership Act, 1932 does not apply to the limited liability partnership.
- Chapter 8 explains eligibility and appointment of designated partners, their function and role, rights and obligations
- Chapters 9 and 10 explain the procedure for incorporation andregistration and allotment of name
- Chapters 11, 12, 13 and 15 deal with partners, their relations, liabilities, contributions, and, assignment of their rights
- Chapter 14 deals with financial disclosures
- Chapters 16, 19 and 20 deal with investigation, compromise, arrangement and reconstruction
- Chapter 17 explains the procedure for conversion of a firm and a company to the limited liability partnership
- Chapter 18 deals with foreign limited liability partnership
- Chapters 21, 22, 23 and 24 deal with winding up and dissolution
- Chapters 25 to 32 deal with miscellaneous matters, such asappeals, penalties, rules making, etc.
- Chapter 33 explains interpretative principles
- Chapter 34 deals with taxation aspect
Annexure 1 to Annexure 8-
- Annexures 1: Limited Liability Partnership Act, 2008
- Annexures 2: Statement of Objects and Reasons – LLP
- Annexures 3: Notes on Clauses – LLP
- Annexures 4: Limited Liability Partnership Rules, 2009 and Forms under LLP
- Annexures 5: Limited Liability Partnership (Winding up and Dissolution Rules, 2012
- Annexures 6 : The Indian Partnership Act, 1932
- Annexures 7: The Emblems and Names (Prevention of Improper use) Act, 1950
- Annexures 8 : Notifications & Circulars
D. P. Mittal, B.Sc., BA (Economics), LL.B., is an advocate, tax and business law consultant. He has a long experience in administering tax laws as an officer of Indian Revenue Service and in advising investors and entrepreneurs on legal and tax aspects of investment in India as an advocate now and previously as a senior adviser in the Indian Investment Centre, New Delhi (a Government of India Organization). He has authored widely acclaimed books - Principles of Constitutional and Administrative Law; Interpretation of Statutes, Wills and Deeds; Law Dictionary; Principles of Business and Commercial Laws; Competition Law; Law relating to Limited Liability Partnership; Administrative Law; Arbitration Law; Law of Trademarks, Passing Off and Geographical Indications; Law of Patents; Information Technology Law; Law of Benami Transactions; Law relating to Formation of Companies; Law relating to Company Meetings and Resolutions; Law relating to Corporate Financing; Law relating to Investigation; Indian Double Taxation Agreements and Tax Laws in India; GAAR; Law of Transfer Pricing in India; Treatise on Direct Tax Code; Law of Sick Industries; Offences and Prosecution; and many more, besides more than two hundred research articles in various Journals and magazines.
B.C.Publications is the publishing arm of Book Corporation, a leading law book selling and publishing concern, more than 50 years old and serving the professional fraternity in India. Late Sri Kishan Gopal Maheshwari is the mastermind behind the set up of this publishing house. He believed - “Book is Knowledge, Knowledge is Power and a Book is Power House” for all the professionals. BC Publications publishes diverse range of publications in the area of taxation, company law, civil laws, industrial and labour law, etc. The publishing house is famous for giving opportunities to new and aspiring authors and provide them the opportunity to showcase their work to the professional community at large.
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- Year of Publication: 2018
- Edition: 1st
- ISBN: 8906077411805
- No.of Pages: 1288
The book “Law and Practice of Limited Liability Partnership” is a veritable, section wise commentary on the Limited Liability Partnership Act, 2008 which gave birth to a new form of legal entity which combined the organizational flexibility with limited liability of its partners. As the subject is new and precedents are yet to be developed, the book is illustrated by the precedents drawn from the partnership and the companies ‘laws as also from the precedents from foreign courts. The book is divided in 34 Chapters and 8 Annexures. At end of the book given Subject Index and List of Case Laws.
- Chapters 1-4 are introductory chapter’s whichdeal with historical back ground, an overview of the Act, a brief survey of the Partnership and the Companies Act
- Chapter 5 explains the preamble and various definitions
- Chapter 6 deals with the nature of the limited liability partnership
- Chapter 7, The Indian Partnership Act, 1932 does not apply to the limited liability partnership.
- Chapter 8 explains eligibility and appointment of designated partners, their function and role, rights and obligations
- Chapters 9 and 10 explain the procedure for incorporation andregistration and allotment of name
- Chapters 11, 12, 13 and 15 deal with partners, their relations, liabilities, contributions, and, assignment of their rights
- Chapter 14 deals with financial disclosures
- Chapters 16, 19 and 20 deal with investigation, compromise, arrangement and reconstruction
- Chapter 17 explains the procedure for conversion of a firm and a company to the limited liability partnership
- Chapter 18 deals with foreign limited liability partnership
- Chapters 21, 22, 23 and 24 deal with winding up and dissolution
- Chapters 25 to 32 deal with miscellaneous matters, such asappeals, penalties, rules making, etc.
- Chapter 33 explains interpretative principles
- Chapter 34 deals with taxation aspect
Annexure 1 to Annexure 8-
- Annexures 1: Limited Liability Partnership Act, 2008
- Annexures 2: Statement of Objects and Reasons – LLP
- Annexures 3: Notes on Clauses – LLP
- Annexures 4: Limited Liability Partnership Rules, 2009 and Forms under LLP
- Annexures 5: Limited Liability Partnership (Winding up and Dissolution Rules, 2012
- Annexures 6 : The Indian Partnership Act, 1932
- Annexures 7: The Emblems and Names (Prevention of Improper use) Act, 1950
- Annexures 8 : Notifications & Circulars
D. P. Mittal, B.Sc., BA (Economics), LL.B., is an advocate, tax and business law consultant. He has a long experience in administering tax laws as an officer of Indian Revenue Service and in advising investors and entrepreneurs on legal and tax aspects of investment in India as an advocate now and previously as a senior adviser in the Indian Investment Centre, New Delhi (a Government of India Organization). He has authored widely acclaimed books - Principles of Constitutional and Administrative Law; Interpretation of Statutes, Wills and Deeds; Law Dictionary; Principles of Business and Commercial Laws; Competition Law; Law relating to Limited Liability Partnership; Administrative Law; Arbitration Law; Law of Trademarks, Passing Off and Geographical Indications; Law of Patents; Information Technology Law; Law of Benami Transactions; Law relating to Formation of Companies; Law relating to Company Meetings and Resolutions; Law relating to Corporate Financing; Law relating to Investigation; Indian Double Taxation Agreements and Tax Laws in India; GAAR; Law of Transfer Pricing in India; Treatise on Direct Tax Code; Law of Sick Industries; Offences and Prosecution; and many more, besides more than two hundred research articles in various Journals and magazines.
B.C.Publications is the publishing arm of Book Corporation, a leading law book selling and publishing concern, more than 50 years old and serving the professional fraternity in India. Late Sri Kishan Gopal Maheshwari is the mastermind behind the set up of this publishing house. He believed - “Book is Knowledge, Knowledge is Power and a Book is Power House” for all the professionals. BC Publications publishes diverse range of publications in the area of taxation, company law, civil laws, industrial and labour law, etc. The publishing house is famous for giving opportunities to new and aspiring authors and provide them the opportunity to showcase their work to the professional community at large.
