Foreign limited liability partnerships.

59. The Central Government may make rules for provisions in relation to establishment of place of business by foreign limited liability partnerships within India and carrying on their business therein by applying or incorporating, with such modifications, as appear appropriate, the provisions of 1[the Companies Act, 2013 (18 of 2013)] or such regulatory mechanism with such composition as may be prescribed.

 

Notes:

1. Substituted by the Limited Liability Partnership (Amendment) Act, 2021 dated 13th August 2021. Amendment Effective From 01 April 2022.

for the words and figures:

“the Companies Act, 1956 (1 of 1956) ”

the words and figures shall be substituted namely;

“the Companies Act, 2013 (18 of 2013)”