Publication of name and limited liability

(1) Every limited liability partnership shall ensure that its invoices, official correspondence and publications bear the following, namely:

(a) the nameaddress of its registered office and registration number of the limited liability partnership; and

(b) a statement that it is registered with limited liability.

1[(2) If the limited liability partnership contravenes the provisions of this section, the limited liability partnership shall be liable to a penalty of ten thousand rupees.]

 

Amendment

1.Substituted by the Limited Liability Partnership (Amendment) Act, 2021 dated 13th August 2021. Amendment Effective From 01 April 2022.

Original content:

(2) Any limited liability partnership which contravenes the provisions of sub-section (1) shall be punishable with fine which shall not be less than two thousand rupees but which may extend to twenty-five thousand rupees.

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CA Bhuvnesh Goyal Partner
CA Bhuvnesh Goyal is a Chartered Accountant with expertise in taxation, finance, and business compliance. He shares practical insights to help readers navigate complex financial matters with ease.