Section 33
Obligation to contribute.
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.
(1) The obligation of a partner to contribute money or other property
or other benefit or to perform services for a limited liability partnership shall be as per the limited liability
partnership agreement.
(2) A creditor of a limited liability partnership, which extends credit or otherwise acts in reliance on an obligation described in that agreement, without notice of any compromise between partners, may enforce the original obligation against such partner.
(2) A creditor of a limited liability partnership, which extends credit or otherwise acts in reliance on an obligation described in that agreement, without notice of any compromise between partners, may enforce the original obligation against such partner.