Section 1
Subs. by Act 31 of 2021, s. 12, for “two years” (w.e.f. 1-4-2022).
1. Subs. by Act 31 of 2021, s. 12, for “two years” (w.e.f. 1-4-2022).
manner, then without prejudice to any criminal proceedings which may arise under any law for the time being in force, the limited liability partnership and any such partner or designated partner or employee shall be liable to pay compensation to any person who has suffered any loss or damage by reason of such conduct:
Provided that such limited liability partnership shall not be liable if any such partner or designated partner or employee has acted fraudulently without knowledge of the limited liability partnership.
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