Publication of name by LLP

Every LLP shall have its name and address and also its registration number, and That it is registered with limited liability. Contravention of the above requirement is punishable with fine of Rs.2000 and up to Rs. 25000. Partners and designated partners, LLP agreement designated partners Every LLP shall have at least two designated partners, who …

Important benefits of limited liability partnership

Some of the important benefits of limited liability partnership form of business structure can be summarized as follows : Important benefits of limited liability partnership Financial Risk : Limited liability partnerships, not surprisingly, provide limited liability for partners. That means that each partner is responsible only for the amount of money he has given or …