CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. India Approves Limited Liability Partnership Bill

India Approves Limited Liability Partnership Bill

by Lorys Charalambous, for LawAndTax-News.com, Cyprus

06 May 2008


India's Union Cabinet on Thursday approved the introduction of a Limited Liability Partnership Bill, 2008, which will replace the Limited Partnership Act, 2006.

The proposed Bill would facilitate creation of another corporate structure, which it is hoped, would further enable growth of the economy.

The Limited Liability Partnership Bill, 2006 was approved by the Cabinet on 7th December, 2006, and was introduced in the Rajya Sabha on 15th December, 2006.

It was later referred to the Department Related Parliamentary Standing Committee on Finance for examination.

The Committee submitted its report to both Houses of Parliament on 27th November, 2007, recommending some changes, along with some suggestions regarding the LLP Bill, 2006.


To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »