Limited Liability Partnership In India Ppt

Notwithstanding any adjustments in the partners of the LLP, the LLP will be a identical entity with the similar privileges, immunities, estates and possessions. Apart from that, directors of a private restricted business also have restricted liability to creditors. Goal of filing of kind URC 1: Any partnership firm, restricted liability partnership, cooperative society, society or any other small business entity formed beneath any other law for the time being in force consisting of seven or far more members, may at any time register itself under Firms Act, 2013

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