Act Number: 6

Act Name: The Limited Liability Partnership Act, 2008

Year: 2009

Enactment Date: 2009-01-07

Long Title: An Act to make provisions for the formation and regulation of limited liability partnerships and for matters connected therewith or incidental thereto.

Ministry: Ministry of Corporate Affairs

Department:

Section 28: Extent of liability of partner.
    (1) A partner is not personally liable, directly or indirectly for an obligation referred to in sub-section (3) of section 27 solely by reason of being a partner of the limited liability partnership.
     (2) The provisions of sub-section (3) of section 27 and sub-section (1) of this section shall not affect the personal liability of a partner for his own wrongful act or omission, but a partner shall not be personally liable for the wrongful act or omission of any other partner of the limited liability partnership.
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