10 February 2021

MCA notification in relation to Section 67(1) of the Limited Liability Partnership Act, 2008

The Central Government in Ministry of Corporate Affairs, under section 67(1) of LLP Act, 2008 will be extending some of the sections of Companies Act, 2013 that will apply on Limited Liability Partnership as well in exercise of its power subject to Modifications and Adoption soon. The sections are as under:-

 

  • Sub- sections (1) to (11) of section 90 (Register of significant beneficial owners in a company)
  • Sub- sections (1) and (2) of section 164 (Disqualifications for Appointment of Director)
  • Sub-sections (1) and (3) to (6) of section 165 (Number of Directorships)
  • Sub-section (1) to (3) of section 167 (Vacation of Office of Director)
  • Sub-section (5) of section 206 (Power to Call for Information, Inspect Books and Conduct Inquiries)
  • Sub-section (3) of section 207 (Conduct of Inspection and Inquiry)
  • Sub-sections (1) to (3) of section 252 (Appeal to Tribunal)
  • Sub-sections (1) to (4) of Section 439 (Offences to be Non-cognizable)