Limited Liability Partnership Advantages And Disadvantages India

Initial, let me give you a brief introduction of LLP Firm, A LLP is quick for Limited Liability partnership.A restricted liability partnership or LLP is a variety of partnership organization in which couple of or all partners have limited liabilities. Right after Verification of the forms ROC Delhi issued major Certificate of Incorporation i.e is proof of the registration. The only mandatory clause is having at least two partners (no limit of maximum partners whereas in case of a common partnership firm with an limitless liability, the maximum limit is 50 partners). Though appointment of a

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