Reinforcing Separate Legal Personality of AN LLP — Avoiding Claims by Partners Over Assets of the LLP
by Kunal Mimani* and Shubhang Tandon**
LLP
LLP bound by arbitration proceedings relating to its operations/governance, despite not being signatory to LLP Agreement: Bombay HC
Arguing that the LLP is a “third party” to the LLP Agreement is much like arguing that a company is a third party to its own Articles of Association.
MCA notifies Rules for Significant Beneficial Owners & their Declaration to reporting LLPs
On 9-11-2023, the Ministry of Corporate Affairs notified the Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023 mandating every Limited Liability Partnership
MCA mandates to maintain Register of Partners vide LLP (Third Amendment) Rules, 2023
On 27-10-2023, the Ministry of Corporate Affairs notified the Limited Liability Partnership (Third Amendment) Rules, 2023 to amend the Limited Liability Partnership
Can partners in dispute of an LLP or any other business entity carrying out business in different parts of country, file suit in any place where business is carried out? Del HC explains
Delhi High Court: Amit Bansal, J., expressed that an LLP or any other business entity can carry out business in different parts