Publication of name and limited liability.
21. (1) Every limited liability partnership shall ensure that its invoices, official correspondence and publications bear the following, namely:-
(a) the name, address of its registered office and registration number of the limited liability partnership; and
(b) a statement that it is registered with limited liability.
1[“(2) If the limited liability partnership contravenes the provisions of this section, the limited liability partnership shall be liable to a penalty of ten thousand rupees.”.]
Amendment:
1. Substituted by the Limited Liability Partnership (Amendment) Act, 2021 dated 13th August 2021. Amendment Effective From 01 April 2022.
(2) Any limited liability partnership which contravenes the provisions of sub-section (1) shall be punishable with fine which shall not be less than two thousand rupees but which may extend to twenty-five thousand rupees.
following shall be substituted, namely;
“(2) If the limited liability partnership contravenes the provisions of this section, the limited liability partnership shall be liable to a penalty of ten thousand rupees.”.