Limited Liability Partnership: Law And Practice

Limited Liability Partnerships: Law and Practice by Hitender Mehta is an authoritative and exhaustive guide to understanding and navigating the intricacies of Limited Liability Partnerships (LLPs) in India. This book offers a detailed analysis of the Limited Liability Partnership Act, 2008, incorporating the latest amendments, including those introduced by the Finance Act, 2025, and the LLP (Amendment) Rules, 2024.

Key Features:

• Detailed section-wise analysis of the LLP Act, 2008, and its amendments.
• Step-by-step procedures for incorporation, conversion, and dissolution of LLPs.
• Comparisons between LLPs, partnership firms, and companies to highlight differences and advantages.
• In-depth discussion on the taxation of LLPs, including FDI and ODI considerations.
• Guidelines for LLPs formed by professionals such as Chartered Accountants, Company Secretaries, and Lawyers.
• Comparative analysis of LLP provisions across seven major countries, including India.​
• A handy reference for penal provisions under the LLP Act and other critical aspects.​
• Incorporates the latest notifications, circulars, and clarifications issued by the Ministry of Corporate Affairs (MCA), Reserve Bank of India (RBI), and Securities and Exchange Board of India (SEBI).

The book serves as an essential resource for legal professionals, company secretaries, chartered accountants, and entrepreneurs seeking to establish or manage LLPs.