section 3
Limited liability partnership to be body corporate.
The Limited Liability Partnership Act, 2008Corporate200888 sections14 chapters
Chapter II NATURE OF LIMITED LIABILITY PARTNERSHIP
Statutory text
- (1) A limited liability partnership is a body corporate formed and incorporated under this Act and is a legal entity separate from that of its partners.
- (2) A limited liability partnership shall have perpetual succession.
- (3) Any change in the partners of a limited liability partnership shall not affect the existence, rights or liabilities of the limited liability partnership.
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