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Key Features of Limited Liability Partnership (Amendment) Act, 2021- Taxwink

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Preeti Agarwal
Key Features of Limited Liability Partnership (Amendment) Act, 2021- Taxwink

The Limited Liability Partnership (Amendment) Act, 2021 recently got the assent of the Hon’ble President of India. This Act seeks to amend the Limited Liability Partnership Act, 2008. The Act has been brought to ease the regulations in the case of Online Limited Liability Partnerships (LLP) by the decriminalization of certain offenses and introducing some new concepts & provisions in LLPs. In this article, we are discussing salient features of the Limited Liability Partnership (Amendment) Act, 2021.

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Preeti Agarwal
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