Section 15. Application of paragraphs 7 to 14

15. Application of paragraphs 7 to 14.— The provisions of paragraphs 7 to 14 (both inclusive) shall apply to any approval, permit or licence issued to the company under any other Act which is in force immediately before the date of registration of the limited liability partnership, subject to the provisions of such other Act under which such approval, permit or licence has been issued. 15. Application of paragraphs 7 to 14.— The provisions of paragraphs 7 to 14 (both inclusive) shall apply to any approval, permit or licence issued to the firm under any other Act which is in force immediately before the date of registration of the limited liability partnership, subject to the provisions of such other Act under which such approval, permit or licence has been issued. 15. Notice of conversion in correspondence.— (1) The limited liability partnership shall ensure that for a period of twelve months commencing not later than fourteen days after the date of registration, every — official correspondence of the limited liability partnership bears the following, namely: (a) a statement that it was, as from the date of registration, converted from a company into a limited liability partnership; and (b) the name and registration number of the company from which it was converted. (2) Any limited liability partnership which contravenes the provisions of sub-paragraph (1) shall be punishable with fine which shall not be less than ten thousand rupees but which may extend to one lakh rupees and with a further fine which shall not be less than fifty rupees but which may extend to five hundred rupees for every day after the first day after which the default continues. THE FOURTH SCHEDULE ( See section 57) CONVERSION FROM UNLISTED PUBLIC COMPANY INTO LIMITED LIABILITY PARTNERSHIP