In force · As amended up to 2026-08
CHAPTER XIV
MISCELLANEOUS
66. Business transactions of partner with limited liability partnership.— A partner may lend money to and transact other business with the limited liability partnership and has the same rights and obligations with respect to the loan or other transactions as a person who is not a partner.
1. Subs. by Act 31 of 2021, s. 18, for sub-section (4) (w.e.f. 1-4-2022).
2. Clause (c) Omitted by Act 31 of 2016 , s. 254 and the tenth Schedule (w.e.f. 15-11-2016) .
Source: India Code