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 66: Business transactions of partner with limited liability partnership.
    A partner may lend money to and transact other business with the limited liability partnership and has the same rights and obligations with respect to the loan or other transactions as a person who is not a partner.
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