The Ministry of Corporate Affairs (MCA) on August 05, 2024, issued the Limited Liability Partnership (Amendment) Rules, 2024 to further amend the Limited Liability Partnership Rules, 2009.
The following amendments have been stated:
• In rule 37, in sub-rule (1),-
(A) in clause (b), after the word "Registrar", the words "the Centre for Processing Accelerated Corporate Exit" shall be inserted;
(B) in the first proviso, after the word "Registrar", the words "the Centre for Processing Accelerated Corporate Exit" shall be inserted;
(C) the following Explanation shall be inserted, namely:-
"Explanation.- for the purposes of this sub-rule, the Centre for Processing Accelerated Corporate Exit means the office of Centre for Processing Accelerated Corporate Exit established by the Central Government, vide notification number S.O. 1269(E), dated 17th March, 2023 issued under sub-sections (1) and (2) of section 396 of the Companies Act, 2013 (18 of 2013)";
They shall come into force with effect from August 27, 2024.
[Notification No. G.S.R. 475(E)]
