About this document

Understanding Limited Liability Partnerships by Manikandan Manohar is a document available to read on EtoBox.

The document discusses limited liability partnerships (LLPs) in India. It covers the advantages of LLPs such as limited liability, flexibility of ownership and management similar to a partnership, and separate legal identity. The basic obligations to form an LLP include having a minimum of 2 partners, one of whom must be a resident of India, and registering an LLP agreement. An LLP is governed by the Limited Liability Partnership Act 2008 and has perpetual succession. It can be dissolved voluntarily or comp

Author

Manikandan Manohar

Language

EN