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Limited liability partnership to be body corporate.—(1) A limited liability partnership is a body corporate formed and incorporated under this Act and is a legal entity separate from that of its partners.
Aug 13, 2021 · Limited Liability Partnership Act, 2008. A corporate business vehicle that enables professional expertise and entrepreneurial initiative to combine and operate in flexible, innovative and efficient manner, providing benefits of limited liability while allowing its members the flexibility for organizing their internal structure as a partnership.
Oct 2, 2022 · The Limited Liability Partnership Act, 2008 (hereinafter “the Act” provides the provisions relating to the regulation of limited liability partnerships in India. This article highlights the salient features and the amendments to the Act and provides a critical analysis of its effectiveness.
The Limited Liability Partnership Act, 2008 A corporate business vehicle that enables professional expertise and entrepreneurial initiative to combine and operate in flexible, innovative and efficient manner, providing benefits of limited liability while allowing its members the flexibility for organizing their internal structure as a partnership.
An Act to make provisions for the formation and regulation of limited liability partnerships and for matters connected therewith or incidental thereto. Ministry: Ministry of Corporate Affairs
The Limited Liability Partnership Act, 2008 was enacted by the Parliament of India to introduce and legally sanction the concept of LLP in India.
Access the Limited Liability Partnership Act, 2008, which outlines the framework for LLPs in India, including registration and legal requirements.
