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The Limited Liability Partnership Act, 2008 was enacted by the Parliament of India to introduce and legally sanction the concept of LLP in India. Unlike the general partnerships in India, LLP is a body corporate and legal entity separate from its partners, have Perpetual succession and any change in the partners of an LLP shall not affect the existence, rights or liabilities of the LLP.
In the United Kingdom, limited partnerships are governed by the Limited Partnerships Act 1907 and, on matters on which that Act is silent, also by the Partnership Act 1890. The UK Department for Business, Enterprise and Regulatory Reform (now the Department for Business and Trade ) consulted in 2008 on proposals to modify and merge the two Acts ...
Limited liability partnerships emerged in the early 1990s: while only two states allowed LLPs in 1992, over forty had adopted LLP statutes by the time LLPs were added to the Uniform Partnership Act in 1996. [23] The limited liability partnership was formed in the aftermath of the collapse of real estate and energy prices in Texas in the 1980s.
This is a category of articles concerning acts of Parliament (laws enacted by the Parliament of India in 2008). For more general discussion of Indian legal topics, see Category:Law of India and its other subcategories.
Download QR code; Print/export Download as PDF; Printable version; ... The Limited Liability Partnership Act, 2008; Limited Liability Partnerships Act 2000;
(ULPA is also an acronym for ultra-low penetration air (ULPA) filters.) The Uniform Limited Partnership Act (ULPA), which includes its 1976 revision called the Revised Uniform Limited Partnership Act (RULPA), is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of business partnerships by U.S ...
LLP stands for limited liability partnership, a partnership in which some or all partners have limited liabilities. LLP may also refer to: Limited liability partnerships in the United Kingdom; The Limited Liability Partnership Act, 2008 (LLP Act) of India; LLP Group, a Czech holding company
Uniform Interstate Family Support Act: 1992, 1996, 2001, 2008 Uniform Intestacy, Wills, and Donative Transfers Act: 1991, 1993 Uniform Land Security Interest Act: 1985 Uniform Land Transactions Act: 1975 Uniform Law on Notarial Acts: 1982, 2010 Uniform Limited Liability Company Act: 1996 Uniform Limited Partnership Act: 2001