Government Plans To Amend LLP act 2008 to Standardise LLPs and ***** Down Nefarious Activities !!!
The government of India is planning to amend Section 67 of Limited Liability Partnership (LLP) Act 2008 along the lines of The Companies Act. The main push for this amendment comes after a realisation that the laws governing Indian LLPs are less stringent compared to the laws governing companies. At the moment, LLPs are not …