THE LIMITED LIABILITY PARTNERSHIP ACT, 2008 · NATURE OF LIMITED LIABILITY PARTNERSHIP

Section 5 — Partners

Any individual or body corporate may be a partner in a limited liability partnership:

Provided that an individual shall not be capable of becoming a partner of a limited liability partnership, if—

(a) he has been found to be of unsound mind by a Court of competent jurisdiction and the finding is in force;

(b) he is an undischarged insolvent; or