Section 32: Form of contribution.

The Limited Liability Partnership Act, 2008Central Act · Act 6 of 2009

(1) A contribution of a partner may consist of tangible, movable or immovable or intangible property or other benefit to the limited liability partnership, including money, promissory notes, other agreements to contribute cash or property, and contracts for services performed or to be performed.

(2) The monetary value of contribution of each partner shall be accounted for and disclosed in the accounts of the limited liability partnership in the manner as may be prescribed.

Where this provision sits

Act	The Limited Liability Partnership Act, 2008
Section	32
Marginal note	Form of contribution.
Jurisdiction	Central
Status	In force as published by the source
Judgments citing it	1

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