RS passes limited liability partnership Bill.

Statesman News Service NEW DELHI, Oct. 24: The RajyaSabhatoday passed the Limited Liability Partnership Bill, 2008, that enables professional expertise and entrepreneurial initiative to combine, organise and operate in an innovative and efficient manner. With all members supporting it, the long pending Bill got the nod from RajyaSabhamembers. Presenting the Bill for consideration and passage by the House, the corporate affairs minister, Mr PremChandGupta,said: This will bring in a new mode of doing business. It gives a new platform to the corporate bodies. The Bill provided for the formation and regulation of limited liability partnerships and for matters connected with it or …