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Section 5: Partners.

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

Any individual or body corporate may be a partner in a limited liability partnership:

Provided that an individual shall not be capable of becoming a partner of a limited liability partnership, if--

(a) he has been found to be of unsound mind by a Court of competent jurisdiction and the finding is in force;

(b) he is an undischarged insolvent; or

(c) he has applied to be adjudicated as an insolvent and his application is pending.

Where this provision sits

ActThe Limited Liability Partnership Act, 2008
Section5
Marginal notePartners.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it1

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