LLP Act definition

LLP Act means the Limited Liability Partnerships Act 2000;

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LLP Act means the Limited Liability Partnership Act, 2008 (and includes rules, regulations, circulars, clarifications issued pursuant thereto).

LLP Act means the Limited Liability Partnership Act, 2008

Examples of LLP Act in a sentence

• All or any of the partners may resign and new partner(s) may be admitted according to the procedures prescribed under the LLP Act, 2008 and Rules made thereunder.

• Arbitration determines that there is no material breach or default There shall be no further effect on rights and obligations of the partners but the other partners or any of the partners shall have right to request the dissolution of the LLP under provisions of the LLP Act, 2008.

• Amendments and alterations Subject to the other provisions of this LLP Agreement and the LLP Act, 2008, any term of this agreement may be amended, altered or modified by the unanimous consent of all the partners present in duly convened meeting.

• The accounts of the LLP shall be audited by a Chartered Accountant in accordance with the provisions of the LLP Act, 2008 and rules made thereunder and the Income Tax Act.

• However, if the partners agree to accept contribution in a form other than money, the amount attributable to it shall be valued by an approved valuer, as provided under the LLP Act, 2008 or rules made thereunder.

More Definitions of LLP Act

LLP Act means the Limited Liability ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇.

LLP Act or “the Act” shall mean the Limited Liability Partnership Act, 2008 as amended from time to time;

LLP Act means the Limited Liability Partnerships ▇▇▇ ▇▇▇▇; "Market Value" means the market value of the JV LLP or any JV LLP Subsidiary (as appropriate) at the relevant date based on the value a third party purchaser would pay for the entire JV LLP (or any JV LLP Subsidiary (as appropriate) in the open market assuming a willing seller and a willing buyer. For the avoidance of doubt, “Market Value” is not as defined by the Royal Institution of Chartered Surveyors professional guidelines for valuers, commonly known and the Red Book, and is net of the debts and liabilities attributable to the interest being valued;

LLP Act means the Limited Liability Partnerships Act 2000, as amended;

LLP Act means the Limited Liability Partnership Act, 2008. “Business” includes every trade, profession service and occupation. “Change” means a change in the constitution of the body of Partners or Designated Partners other than their admission afresh. “Designate Partner” means any partner designated as such. “LLP” means the limited liability partnership formed pursuant to this LLP Agreement. “LLP Agreement” means this Agreement or any supplement thereof determining the mutual rights and duties of the partners and their rights and duties in relation to the LLP. “Partner” means any person who becomes a partner in the LLP in accordance with this LLP Agreement. “She” includes “he” or vice versa. 1. Business - The Partnership business shall be until and unless changes as mutually agreed upon by all the partners for the time being of the LLP.

LLP Act means the Limited Liability Partnerships Act 2012 of Malaysia;

LLP Act means the Limited Liability Partnership Act, 2008. “Business” includes every trade, profession service and occupation.