Mera Samvidhaan All of Limited Liability Partnership Act, 2008

Chapter V · Extent and Limitation of Liability of Limited Liability Partnership and Partners

28Extent of liability of partner.

Section 28 · Chapter V · page 14 of the Act

(1) A partner is not personally liable, directly or indirectly for an obligation referred to in sub-section (3) of section 27 solely by reason of being a partner of the limited liability partnership.

(2) The provisions of sub-section (3) of section 27 and sub-section (1) of this section shall not affect the personal liability of a partner for his own wrongful act or omission, but a partner shall not be personally liable for the wrongful act or omission of any other partner of the limited liability partnership.

Section 28 of The Limited Liability Partnership Act, 2008 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.