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Case Law Details

Case Name : PVR Ltd Vs Proetus Ventures LLP (Bombay High Court)
Related Assessment Year :
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PVR Ltd Vs Proetus Ventures LLP (Bombay High Court) Conclusion: In present facts of the case, the Hon’ble Bombay High Court have held that Section 27 (3) expressly states that an obligation of a limited liability partnership, whether arising in contract or otherwise, shall be solely the obligation of the limited liability partnership. It is not in dispute that the present suit is a Summary Suit based upon invoices issued in the name of Defendant No. 1 and nothing else and the said invoices were the written contract between the Parties. Given this, the provisions of Section 27 (3) of the LLP ...
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