Limited Liability Partnership (Amendment) Bill, 2021

The Limited Liability Partnership (Amendment) Bill, 2021: The Bill seeks to amend the Limited Liability Partnership Act, 2008 and provides for the following: To introduce the concept of “small limited liability partnership” in line with the concept of “small company” under the Companies Act, 2013; To amend certain sections of the Act so as to […]

MPLADS: Lapsed Funds in 2020-2021

MPLADS: Virtually half of the belated ₹2,200 crore allotted for completing the ongoing MPLADS projects in 2020-21 simply lapsed, as the Finance Ministry granted “barely a week” to the Ministry of Statistics and Programme Implementation (MoSPI) to release the funds. Spending under the Members of Parliament Local Area Development Scheme (MPLADS) had already halved before […]