Application of certain provision of the Companies Act 2013 to Limited Liability Partnerships
Stakeholders are hereby informed that the Central Government, in Ministry of Corporate Affairs, under section 67(1) of LLP Act, 2008 will be extending Sub- sections (1) to (11) of section 90, Sub- sections (1) and (2) of section 164 , Sub-sections (1) and (3) to (6) of section 165, Sub-section (1) to (3) of section 167, Sub-section (5) of section 206, sub-section (3) of section 207, Sub-sections (1) to (3) of section 252 and Sub-sections (1) to (4) of Section 439 of the Companies Act, 2013 to limited liability Partnerships with modification and adaptation soon. Accordingly, limited liability Partnerships, Partners and Designated partners thereof are advised to take note of the same for appropriate action.
Summary of the above news in tabulated form
|
Section |
Sub-section |
Description |
|
90 |
(1) to (11) |
Investigation of beneficial ownership of shares in |
|
164 |
(1) and (2) |
Disqualifications for appointment of director |
|
165 |
(1) and (3) to (6) |
Number of directorships |
|
167 |
(1) to (3) |
Vacation of office of director |
|
206 |
(5) |
Power to call for information, inspect books and |
|
207 |
(3) |
Conduct of inspection and inquiry |
|
252 |
(1) to (3) |
Appeal to Tribunal |
|
439 |
(1) to (4) |
Offences to be non-cognizable |