RS passes Limited Liability Partnership Amendment Bill
RS passes Limited Liability Partnership Amendment Bill
NEW DELHI, Aug 8: The Rajya Sabha on Wednesday passed the Limited Liability Partnership (Amendment) Bill, which seeks to encourage the start-up ecosystem and further boost ease of doing business, amid uproar by the opposition on Pegasus snooping row and other issues.
The bill, which was passed after a short debate, seeks to decriminalise 12 offences under the law and help to improve the ease of doing business by amending the Limited Liability Partnership (LLP) Act, 2008.
Finance Minister Nirmala Sitharaman moved the bill for consideration and passage. The bill was introduced in the House last week.
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