LLP is Defined Under Which Act The Limited Liability Partnership (LLP) is a legal entity that is established and regulated by the Limited Liability Partnership Act of 2008. This act provides the legal framework for the establishment, operation and regulation of LLPs in India. LLP Act 2008 outlines the rights, duties, and obligations of… Read More »
Business Partnership V/s Corporation A Business Partnership V/s Corporation are two different legal structures for businesses, each with its own characteristics and implications. Here are some key differences between a business partnership and a corporation: Ownership and Structure: 1. Partnership: A partnership is formed when two or more individuals or entities come together… Read More »
What is a partnership A partnership is a type of business entity in which two or more individuals, called partners, agree to jointly own and operate a business. Partnerships are often formed to share the workload and financial responsibilities of running a business, and to pool together different skills and expertise. To visit: https://www.mca.gov.in In… Read More »