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  1. 2 days ago · In India, the term “Limited Liability Partnership” (LLP) was first introduced in 2008 by the Limited Liability Partnership Act, 2008, which governs all life insurance schemes in the country. Because of that different status, contracts between LLP partners are governed by that Act and not by the Indian Partnership Act, 1932.

  2. 2 days ago · The Limited Liability Partnership (Significant Beneficial Owners) Rules include the same set of tests to determine individuals who are significant beneficial owners.

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  4. 4 days ago · For Limited Liability Partnerships (LLPs) in India, the ROC (Registrar of Companies) return filing for the financial year 2023-24 involves submitting various forms and documents to the...

  5. 4 days ago · This article explores three common business structures in India: Private Limited Companies, Public Limited Companies, and Limited Liability Partnerships (LLPs). It highlights their characteristics, advantages, and disadvantages, helping entrepreneurs make informed decisions.

  6. 4 days ago · A Private Limited Company (PLC) offers limited liability to its shareholders, has a separate legal entity, and allows shares to be transferred. In contrast, a Limited Liability Partnership (LLP) combines partnership flexibility with limited liability protection, having partners instead of shareholders and no shares.

  7. 2 days ago · Conclusion. In the Indian business landscape, where growth and competition are intensifying, Public Liability Insurance is not just a prudent choice but an essential safeguard. It protects businesses from the financial ramifications of third-party claims, enhances reputation, and provides peace of mind to business owners.

  8. 3 days ago · There are two kinds: limited partnerships and limited liability partnerships. Limited liability: a person’s liability is limited to a fixed sum, which usually reflects their investment in the business. Unlimited liability: there is no limit to the liability, and the owners take full responsibility for the companies’ debts.

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