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Bare Act · Limited Liability Partnership Act, 2008 · Chapter II
3

Limited liability partnership to be body corporate.

(1)A limited liability partnership is a body corporate formed and incorporated under this Act and is a legal entity separate from that of its partners.

(2)A limited liability partnership shall have perpetual succession.

(3)Any change in the partners of a limited liability partnership shall not affect the existence, rights or liabilities of the limited liability partnership.

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