Section 14
Effect of registration.
The Limited Liability Partnership Act, 2008
About this Act
An Act to make provisions for the formation and regulation of limited liability partnerships and for matters connected therewith or incidental thereto.
On registration, a limited liability partnership shall, by its name, be
capable of--
(a) suing and being sued;
(b) acquiring, owning, holding and developing or disposing of property, whether movable or immovable, tangible or intangible;
(c) having a common seal, if it decides to have one; and
(d) doing and suffering such other acts and things as bodies corporate may lawfully do and suffer.
(a) suing and being sued;
(b) acquiring, owning, holding and developing or disposing of property, whether movable or immovable, tangible or intangible;
(c) having a common seal, if it decides to have one; and
(d) doing and suffering such other acts and things as bodies corporate may lawfully do and suffer.