Tag Archives: #LLPRegulatoryUpdates

Are LLPs governed by companies act?

LLPs governed by companies act

LLPs governed by companies act   Limited Liability Partnerships (LLPs) are a popular business structure that combines features of both partnerships and corporations, offering the benefits of limited liability and operational flexibility. In India, LLPs are primarily governed by the Limited Liability Partnership Act, 2008, but they are also subject to certain provisions of the… Read More »

Are LLP regulated?

Limited Liability Partnership

Are LLP regulated Limited Liability Partnerships (LLPs) have gained popularity among entrepreneurs and professionals for their unique blend of flexibility and protection. However, a common question arises: Are LLPs regulated?   Understanding LLPs An LLP is a business structure that allows partners to manage the business while enjoying limited liability protection. This means that individual partners… Read More »