Section 59 of LLP Act, 2008 : Section 59: Foreign Limited Liability Partnerships
LLP Act, 2008
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Explanation using Example
Imagine a foreign limited liability partnership (LLP), "TechGlobal LLP", which is based in the UK and specializes in IT consultancy, wants to establish a place of business in India to tap into the growing market. To do so, TechGlobal LLP needs to understand the Indian regulations that would apply to them. Section 59 of the Limited Liability Partnership Act, 2008, comes into play here.
Under this section, the Central Government of India may cre...
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