The Reserve Bank of India (RBI) has notified that limited-liability partnerships can accept direct investment from foreign investors, subject to certain riders.The central bank said foreign institutional investors (FIIs), qualified foreign investors (QFIs) and foreign venture capital investors would not be eligible toinvest in LLPs.Limited-liability partnerships in all sectors where 100% FDI is permitted would be eligible to get FDI, the RBI said. However, such investments would need prior government approval.

Source - http://www.financialexpress.com