Priya, Smita, Shilpa, and Shefali were partners in Sharma & Associates LLP. Shilpa resigned from the firm effective 7 th May 2024. However,…

(a) According to section 24 (3) of the Limited Liability Partnership Act, 2008, where a person has ceased to be a partner of a LLP (hereinafter referred to as 'former partner'), the former partner is to be regarded (in relation to any person dealing with the LLP) as still being a partner of the LLP unless: (a) the person has notice that the former partner has ceased to be a partner of the LLP; or (b) notice that the former partner has ceased to be a partner of the LLP has been delivered to the Registrar. Hence, by virtue of the above provisions, as no notice of resignation was given to Registrar of Companies, Shilpa will still be liable for the loss of firm of the transactions entered after 7 th May 2024.