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Finally, on 12th February, 2022 MCA has issued notification that provisions of Section 1 to 29 of LLP Amendment Act, 2021 shall came into effect from 01st April, 2022.
Date of Applicability
It shall come into force from 1st April 2022.
| S.NO | Section of The LLP Act, 2008 | Section Name in LLP Act, 2008 | Section wise Effect | New Section Insertion |
| 1 | Section-1 | Short title and commencement | ||
| 2 | Section-1 | Short title and commencement | Substituted | |
| 3 | Section-2 | Definitions | Substituted | |
| 4 | Section-7 | Designated Partner | Substituted | |
| 5 | Section-10 | Punishment for Contravention of Section -7,8 and 9 | Figure 8 shall be omitted | |
| 6 | Section-13 | Registered office of LLP and change therein | Substituted | |
| 7 | Section-15 | Name of LLP | Substituted | |
| 8 | section-17 | Change of Name of LLP | Substituted | |
| 9 | Section-18 | Application for direction to change name in certain circumstances | omitted | |
| 10 | Section-21 | Publication of name and Limited Liability | Substituted | |
| 11 | Section-25 | Registration of changes in partners | Substituted | |
| 12 | Section-30 | Unlimited Liability in case of fraud | Substituted | |
| 13 | Section-34 | Maintenance of books of accounts, other records and audit, etc. | Substituted | |
| 14 | Section-34 | Maintenance of books of accounts, other records and audit, etc | Inserted | Section-34A |
| 15 | Section-35 | Annual Return | Substituted | |
| 16 | Section-39 | Compounding of offences | Substituted | |
| 17 | Section-60 | Compromise, or arrangement of LLP | Substituted | |
| 18 | Section-62 | Provisions for facilitating reconstruction or amalgamation of LLP | Substituted | |
| 19 | Section-67 | Application of provision of Companies Act | Inserted | Section -67A, 67B and 67C |
| 20 | Section-68 | Electronic Filling of documents | Inserted | Section-68A |
| 21 | Section-69 | Payment of additional fee | Substituted | |
| 22 | Section-72 | Jurisdiction of tribunal and appellate tribunal | Substituted | |
| 23 | Section-73 | Penalty on non compliance of any order passed by tribunal | omitted | |
| 24 | Section-74 | General Penalty | Substituted | |
| 25 | Section-76 | Offences by LLP | Interred | Section-76A |
| 26 | Section-77 | Jurisdiction of Court | Substituted | |
| 27 | Section-79 | Power to make rules | Substituted | |
| 28 | Section-80 | Power to remove difficulties | Interred | Section-80(1A) |
| 29 | Section-81 | Transitional provisions | omitted |
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Author – CS Divesh Goyal, GOYAL DIVESH & ASSOCIATES Company Secretary in Practice from Delhi and can be contacted at [email protected]).
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