Limited Liability Partnership

Limited Liability Partnership

What Are The Duties Of Partners in Limited Liability Partnership?

RJA 02 Feb, 2017

Limited Liability Partnership or in short LLP is a kind of partnership in which, as the name says, have limited partnership rights and liabilities. General Duties of the partners in LLP: The foremost thing in any of this kind of partnerships in the trust factor among every partner. No one ...

Limited Liability Partnership

Everything That You Need To Know About Compliance Post LLP Incorporation

RJA 03 Feb, 2017

For the perfect and efficient functioning of the LLP, there are compliances and legal matters that need to be settled. To file an LLP Agreement: This agreement looks over the powers and entitlements of the partners and the organization itself. This must be filed to the ministry of corporate affairs ...

Limited Liability Partnership

Conversion of the Partnership Firm into LLP

RJA 17 Mar, 2017

The Limited Liability Partnership in India was introduced by the Limited Liability Partnership Act of 2008. It was organized for a number of reasons which include to create a flexible environment for small enterprises and to uplift the service sector so that the business synergies can be brought together easily. Out ...

Limited Liability Partnership

Everything That You Need To Know About Limited Liability Partnership

RJA 20 Mar, 2017

It is a tactful process and it includes a step by step process. LLP is an emerging small business entity practiced in India under a certain act known as LLP Act, 2008. The relaxation of the FDI rules which concerns with LLP has drastically increased the interest amongst certain NRIs and ...

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