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 …
Requirements for LLP company registration
Limited Liability Partnership Company form (LLP Company) for the business people which is introduced as per the LLP act 2008, by the Indian government. The rules for the foreign and Indian people differ in the partnership role in LLP. But, the rules are differed from the importance of documents submission matters similarly. High risk in …
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 …
Scheme of amalgamation of any two or more LLPs
Do you wish to carry out a scheme of amalgamation of any two or more Limited Liability Partnerships (LLP)? [Limited Liability Partnership Act, 2008 and Limited Liability Partnership Rules, 2009]. Scheme of amalgamation of any two or more LLP. 1. Note the provisions of Section 62 of the LLP Act, 2008 and Rule 35 of …