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Whether LLP Agreement can provide Economic Rights of partners can't be transferred in the manner provided in Section 42?

Open uri20170510 32134 ughyv5?1494421703 gunesh asked about 3 years ago

Whether LLP Agreement can provide that Economic Rights of partners cannot be transferred in the manner provided in Section 42?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CA Sandeep Bohra answered almost 3 years ago

Dear friend, Yes, LLP Agreement can provide Economic Rights of partners can't be transferred in the manner provided in Section 42.

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