Section 14 of the Limited Liability Partnership Act, 2008 – Effect of registration

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Section 14: Effect of registration

On registration, a limited liability partnership shall, by its name, be capable of–

  • (a) suing and being sued;
  • (b) acquiring, owning, holding and developing or disposing of property, whether movable or immovable, tangible or intangible;
  • (c) having a common seal, if it decides to have one; and
  • (d) doing and suffering such other acts and things as bodies corporate may lawfully do and suffer.

Source: official text of The Limited Liability Partnership Act, 2008 as published on India Code (PDF). All sections of the Limited Liability Partnership Act, 2008.