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 https://www.companyvakil.com/ 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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