LLP Ready Reckoner

LLP Ready Reckoner is a comprehensive, practice-oriented reference work on the law governing Limited Liability Partnerships (LLPs) in India. Conceptualised as a true 'ready reckoner,' the book is designed to provide quick, precise, and authoritative answers to legal, procedural, and compliance questions arising throughout the entire lifecycle of an LLP—from incorporation to ongoing management, restructuring, investigations, taxation, cross-border investment, and eventual exit. Updated with the law as stated up to date, this Edition reflects the mature post-amendment LLP regime, incorporating developments following the LLP (Amendment) Act 2021, the decriminalisation and rationalisation of offences, revised penalty and adjudication mechanisms, evolving MCA compliance practices, and the increasing use of LLPs for both domestic and international business structuring. The book does not merely reproduce statutory provisions; it explains how LLP law operates in practice, making it a dependable desk reference for professionals and a structured guide for learners.

This publication is beneficial for:

• Chartered Accountants, Company Secretaries, Cost Accountants, & Advocates advising on LLP incorporation, governance, restructuring, and compliance
• Corporate Law & Tax Consultants handling conversions, partner changes, filings, and regulatory interactions
• In-House Legal & Compliance Teams managing LLP operations and statutory obligations
• Tax Professionals dealing with LLP taxation, partner-level implications, AMT, and compliance under the Income-tax Act
• Professionals advising on FDI and overseas investment through LLPs
• Students of Corporate Law, Business Law, & Professional Courses requiring a reliable and practically oriented reference

The Present Publication is the 2026 Edition and has been amended up to 1st January 2026. This book is authored by Mr V.S. Datey