Tag Archives: #CorporateGovernanceStructure

LLP what is a designated member ?

Designated member LLP

Designated member LLP   Designated member LLP: Within a Limited Liability Partnership (LLP), a designated member stands as a partner who assumes additional responsibilities and obligations, as mandated by the LLP’s legal framework. The concept of designated members is specific to LLPs and is different from regular members or partners. Here are some key points… Read More »

Can a private limited company be a partnership?

Private limited company be a partnership

Can a Private Limited Company be a Partnership When considering business structures, it’s important to understand the differences between a Private Limited Company and a partnership. These two forms of business organization are fundamentally different, serving distinct purposes and providing various legal and financial implications.   Understanding the Structures A Private Limited Company is a… Read More »