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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 ....
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 ....
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 ....
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 ....
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 ....
