Tag Archives: #CorporatePartnershipStructure

How LLPs can join partnership firms?

How LLPs can join partnership firms   How LLPs can join partnership firms: No, it is not possible for a Limited Liability Partnership (LLP) to serve as a partner within a partnership firm. The LLP Act, 2008 in India does not allow an LLP to become a partner in a partnership firm. LLPs are distinct… Read More »

Can a private limited company be a partnership?

Private Limited Company Be a Partnership Private limited company be a partnership: No, a Pvt Ltd company cannot be a partnership. These are two distinct forms of business entities with different legal structures and characteristics. A Pvt LTD company, also known as a limited liability company (Ltd or Pvt Ltd), is a separate legal entity… Read More »