Limited Liability Partnership Act 2008
11 articlesEXTENT OF LIABILITY IN LIMITED LIABILITY PARTNERSHIP
The whole concept behind enacting the Limited Liability Partnership Act was that the limited liability partnership shall not be held liable for the independent or unauthorized act done by any other pa...-
15 Dec, 2023
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Limited Liability Partnership Act 2008
Effect of Registration of Limited Liability Partnership under LLP Act 2008
Sec. 14 of the LLP Act lays down that: On registration, a limited liability partnership shall, by its name, be capable of: suing and being sued; acquiring, owning, holding and developing or di...-
15 Dec, 2023
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Limited Liability Partnership Act 2008
Difference between Limited Liability Partnership and Partnership Firm
Sr. No. Basis of difference Partnership LLP 1. Prevailing Law Part...-
15 Dec, 2023
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Limited Liability Partnership Act 2008
Difference between Limited liability Partnership and Company
Sr. No. Basis of difference Company LLP 1. Prevailing Law and Creation Companie...-
15 Dec, 2023
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Limited Liability Partnership Act 2008
Features of LLP
Features of LLP : Legal entity/ body corporate - The LLP shall be a body corporate and a legal entity separate from its partners. Any two or more persons, 6 associated for carrying on a lawful b...-
15 Dec, 2023
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Limited Liability Partnership Act 2008
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