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Limited Liability Partnership


First Schedule of the Limited Liability Partnership Act 2008
First Schedule of the Limited Liability Partnership Act 2008
Limited Liability Partnership

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 ....

  • December 14, 2021
  • Dushyant Sharma
Limited liability organizations are otherwise called the LLP
Limited liability organizations are otherwise called the LLP
Limited Liability Partnership

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 ....

  • March 05, 2022
  • Dushyant Sharma
How to calculate AMT in LLP ?
How to calculate AMT in LLP ?
Limited Liability Partnership

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 ....

  • August 05, 2022
  • Dushyant Sharma
Change in Contribution of Partners in limited liability Partnership
Change in Contribution of Partners in limited liability Partnership
Limited Liability Partnership

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 ....

  • May 04, 2016
  • Dushyant Sharma
Annual Compliances for LLP : Know Its Importance and Penalties for Non-Compliance
Annual Compliances for LLP : Know Its Importance and Penalties for Non-Compliance
Limited Liability Partnership

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 ....

  • May 10, 2016
  • Dushyant Sharma
How to choose name of an LLP
How to choose name of an LLP
Limited Liability Partnership

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 ....

  • March 02, 2022
  • Dushyant Sharma
Limited Liability Partnership Vs Partnership Firm
Limited Liability Partnership Vs Partnership Firm
Limited Liability Partnership

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 ....

  • March 21, 2022
  • Dushyant Sharma
Designated Partner in LLP: Know its Eligibility, Duties, and More
Designated Partner in LLP: Know its Eligibility, Duties, and More
Limited Liability Partnership

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 ....

  • July 29, 2016
  • Dushyant Sharma
Why LLPs May Be the Perfect Fit for Your Business
Why LLPs May Be the Perfect Fit for Your Business
Limited Liability Partnership

Post Updated on: 29-10-2024

 

Want to know why an LLP business model might be the right choice for your business? Check out this blog post! 

If you want to start a business, you can choos ....

  • July 30, 2016
  • Dushyant Sharma
Advisory to company secretaries regarding LLP
Advisory to company secretaries regarding LLP
Limited Liability Partnership

The CS is an imperative wheel for a smooth movement of the company. However, not many companies adhere to certain guidelines when it comes to having a position for CS. Keeping this in mind, ICSI (The ....

  • December 14, 2016
  • Dushyant Sharma

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