Limited Liability Partnership Act, 2008 Chapter 2 | BCOM 1st Year | SEM 1st | LLP ACT 2008

Application link :- https://play.google.com/store/apps/de... Welcome to **CWG for BCOM**, India’s trusted platform for BCom & BBA law subjects. In this video, we cover **Chapter-2 of the Limited Liability Partnership Act, 2008**, focusing on **Partners, their mutual relations, rights, duties, and liabilities in an LLP**. This lecture is explained in **simple language**, strictly as per the **LLP Act, 2008**, with **exam-oriented points and practical examples**. --- 📌 *Topics Covered in This Video* ⭐ *1. Who Can Be a Partner in an LLP* ✔ Eligibility of partners ✔ Minimum & maximum number of partners ✔ Body corporate as partner --- ⭐ *2. Designated Partners* ✔ Meaning of designated partner ✔ Requirements for appointment ✔ Role, duties & responsibilities ✔ DPIN (Designated Partner Identification Number) --- ⭐ *3. Relations of Partners in an LLP* ✔ Mutual rights & duties of partners ✔ LLP Agreement – meaning & importance ✔ Relations governed in absence of LLP Agreement ✔ Schedule I provisions --- ⭐ *4. Extent of Liability of Partners* ✔ Limited liability concept ✔ Liability of LLP ✔ Liability of partner for own wrongful acts ✔ Liability of partner for acts of other partners --- ⭐ *5. Unlimited Liability in Certain Cases* ✔ Fraud and wrongful acts ✔ Personal liability of partners in fraud cases --- ⭐ *6. Whistle Blowing (Section 31)* ✔ Meaning of whistle blowing ✔ Protection to whistle blowers --- ⭐ *7. Contribution of Partners* ✔ Nature of contribution ✔ Forms of contribution (cash, property, services) --- ⭐ *8. Exam-Focused Content* ✔ Important sections explained ✔ Short notes ✔ Long answer structure ✔ Frequently asked university questions --- 🎯 *Who Should Watch This Video?* ✔ BCom 1st Year Semester-1 Students ✔ BBA / LLB Foundation Students ✔ DU / SOL / IGNOU / All Universities ✔ Students preparing for *LLP Act 2008 exams* --- 📒 *Download Notes & PDFs* 📲 *Commerce Wale Guruji App (Play Store):* [https://play.google.com/store/apps/de...](https://play.google.com/store/apps/de...) --- 📢 *Join Our Telegram Channel (Notes, PDFs & Updates)* 👉 *Telegram: CWG for BCOM* [https://t.me/cwgforbcom](https://t.me/cwgforbcom) --- 📺 *Related Law Lectures* 🔹 LLP Act, 2008 – Chapter-1 (Nature & Incorporation) 🔹 LLP Act, 2008 – Chapter-3 (Financial Disclosure & Winding Up) 🔹 Indian Contract Act – Important Topics 🔹 Business Law – Complete Playlist (BCom Sem-1) --- ❤️ *Support CWG for BCOM (360K+ Students Family)* 👍 Like the video 💬 Ask your doubts in comments 🔔 Subscribe & press the bell icon 📤 Share with your classmates --- 📱 *Follow Us* Instagram: @cwgforbcom Telegram: [https://t.me/cwgforbcom](https://t.me/cwgforbcom) App: Commerce Wale Guruji – [https://play.google.com/store/apps/de...](https://play.google.com/store/apps/de...) YouTube: *CWG for BCOM* ---