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About Us. When Country Club Hospitality and Holidays Ltd. was established in 1989, it was a pioneer in the conception of offering comprehensive leisure, recreation and hospitality membership services in India. Constituted as a fully equipped club, Country Club has now flourished into a provider of member exclusive clubbing hubs, breathtaking ...
Oct 18, 2018 · 6. How are legal arrangements (express trusts and trust-like agreements) formed in India? A trust is a relationship whereby property is held by one party for the benefit of another. A trust is created by a settler, who transfers property to a trustee. The trustee holds that property for the trust's beneficiaries.
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Oct 21, 2014 · an Limited Liability Partnership October 21, 2014 In brief The Ministry of Corporate Affairs (MCA) has recently issued General Circular No. 37/ 2014 dated October 14, 2014, stating that a trustee (being a body corporate) of Real Estate Investment Trusts (REITs), Infrastructure Investment Trust (InvITs), or any other trust set up under the ...
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Aug 27, 2023 · The trustee must not, for himself or another, set up or aid any title to the trust property adverse to the interest of the beneficiary. Following are the duties of a trustee under this heading: Trustee cannot set up or aid a third party’s title against the trust. Trustee not to set up or aid adverse titles.
Nov 7, 2012 · A Limited Liability Partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liability. It therefore exhibits elements of partnerships and corporations. In an LLP, one partner is not responsible or liable for another partner's misconduct or negligence. This is an important difference from ...
Concept of "limited liability partnership" • LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. • The LLP can continue its existence irrespective of changes in partners.
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Jul 14, 2022 · Limited liability is a type of liability that does not exceed the amount invested in a partnership or limited liability company . The limited liability feature is one of the biggest advantages of ...
