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Section 8: Liabilities of designated partners.

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

Unless expressly provided otherwise in this Act, a designated partner shall be--

(a) responsible for the doing of all acts, matters and things as are required to be done by the limited liability partnership in respect of compliance of the provisions of this Act including filing of any document, return, statement and the like report pursuant to the provisions of this Act and as may be specified in the limited liability partnership agreement; and

(b) liable to all penalties imposed on the limited liability partnership for any contravention of those provisions.

Where this provision sits

ActThe Limited Liability Partnership Act, 2008
Section8
Marginal noteLiabilities of designated partners.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it1

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