S.42. Partner’s transferable interest.—(1) The rights of a partner to a share of the profits and losses of the limited liability partnership and to receive distributions in accordance with the limited liability partnership agreement are transferable either wholly or in part. (2) The transfer of any right by any partner pursuant to sub-section (1) does not by itself cause the disassociation of the partner or a dissolution and winding up of the limited liability partnership. (3) The transfer of right pursuant to this section does not, by itself, entitle the transferee or assignee to participate in the management or conduct of the activities of the limited liability partnership, or access information concerning the transactions of the limited liability partnership.
Agricultural Acceleration fund to provide the financial support is entrepreneurs in the field of agriculture & allied sector was set up in which FY Budget?
What commonly causes nutrient deficiencies in soils subjected to continuous cropping?
The crystallisation technique is better than the simple evaporation technique and:
1. "crystalisation" is a process that separates a pure soli...
How many Indian states share their boundaries with Nepal?
What is the name of Chandrayaan 3's rover?
Who became the first Indian to win the prestigious Zurich Diamond League Final 2022 in Switzerland?
What is the byproduct of the reaction between Potassium and Alcohol?
Azadi Se Antyodaya Tak campaign with a mission to saturate 75 Districts across 28 States/UTs with beneficiary schemes of 09 central ministries was launc...
Which chemical element of Group 18 of the periodic table is produced by the natural radioactive decay of uranium in soils and rocks?
With which neighbouring country did India sign the Farakka Treaty in 1996 for sharing of the Ganga Waters and on augmenting its flows?
