Registration of Limited Liability Partnership

12/03/2020 Financial & Legal Services

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Limited Liability Partnership (LLP) Registration as the name recommends defines limited liability to its partners. Along these lines, it has highlights of both, a corporation and a partnership. One accomplice is answerable for just his own actions and not the actions of his accomplice. LLPs are governed by the Limited Liability Partnership Act(LLP Act), 2008.

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