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Section 23(4) of the LLP Act, 2008 states that if the partners disagree on terms of the LLP agreement, the mutual rights and duties of the partners in an LLP will be as per the provisions specified ....
A limited liability partnership (LLP) is a partnership in which a few or all accomplices contingent upon the purview have limited liabilities. It consequently displays components of partnerships and c ....
The limited liability partnership might change its name by taking after the system as set down in the constrained risk organization understanding. Where the constrained risk association understanding ....
Limited Liability Partnership, a kind of partnership done when two or more people come together and invest in Profit Sharing Company but are liable for any loss only up to the amount of share invested ....
There are different ways to kick start your business venture and forming LLP is one of those routes. To go on through this route have its own benefits and drawbacks, which we discuss in this article. ....
Capital contribution refers to the cash or assets that shareholders give to a company in exchange for stock. This contribution is recorded by partners capital account. It is common for partners to cha ....
Many individuals choose to establish a limited liability partnership instead of a private limited company. This is because LLPs have lesser compliance requirements as compared to private limited compa ....
Name of your business undoubtedly is an important asset because it establishes a strong identity and signifies what is your business. Therefore, to select an appropriate name is the first step in deve ....
Young entrepreneurs and readers are always confused about these two terms, i.e. LLP and Partnership firm. The main reason for the confusion is the owner of these two entities. The owners of these type ....
Post Updated on : 02-11-2024
In this article, we will discuss designated partners in LLP, including who is eligible to be a designated partner, who is not, thier duties, and the difference be ....
