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The Lok Sabha on August 9 passed The Limited Liability Partnership (Amendment) Bill, 2021, which seeks to encourage the startup ecosystem and facilitate greater ease of doing business for the law-abiding corporates in the country, amending the Limited Liability Partnership Act, 2008.

On August 4, the Bill was passed in the upper house of the Parliament (Rajya Sabha) after it was introduced by Minister of State for Corporate Affairs Rao Inderjit Singh amid protests by the opposition parties over the Pegasus snooping row and farm laws. The Bill has received the Presidential Assent on August 13, 2021 and is now called as "The Limited Liability Partnership (Amendment) Act 2021"

This is the first time that amendments have been proposed in the law that was enacte.