Search results
- provide a comprehensive analysis of the regulatory and economic framework governing the Limited Liability Partnership (LLP) model in India. The article analyses the legal structure and functioning of LLPs, including the provisions governing registration, management, and operations of LLPs, as well as the statutory rights and duties of partners.
law.dypvp.edu.in › plr › PublicationLimited Liability Partnership in India: A Legal and Economic ...
People also ask
How LLPs are incorporated in India?
What is LLP in India?
Are LLPs legal in India?
What is the minimum purchase value of limited liability partnership in India?
Aug 13, 2021 · Limited Liability Partnership Act, 2008. A corporate business vehicle that enables professional expertise and entrepreneurial initiative to combine and operate in flexible, innovative and efficient manner, providing benefits of limited liability while allowing its members the flexibility for organizing their internal structure as a partnership.
vehicle. In India there are approximately 96020 LLPs are registered as on 3rd June, 2017. 2. A limited liability partnership firm is governed under which law? The formation and regulation of limited liability partnerships is governed by Limited Liability Partnership Act, 2008 and the rules made thereunder i.e. Limited Liability
- 314KB
- 73
An Act to make provision for the regulation of the profession of Chartered Accountants. An Act to make provision for the regulation of the profession of cost accountants. An Act to make provision for the regulation and development of the profession of Company Secretaries. An Act for the registration of literary, scientific and charitable societies.
provide a comprehensive analysis of the regulatory and economic framework governing the Limited Liability Partnership (LLP) model in India. The article analyses the legal structure and functioning of LLPs, including the provisions governing registration, management, and operations of LLPs, as well as the statutory rights and duties of partners.
Aug 10, 2020 · The Limited Liability Partnership were introduced in India vide the Limited Liability Partnership Act, 2008. LLP has combined the flexibility of a partnership and the advantages of limited liability of a company at a low compliance cost.
- (3)
- Pramod Jain
Governed by LLP Act 2008, The Act came into force for most of its part on 31/03/2009, followed by its rules on 01/04/2009 and the registration of first LLP on 02/04/2009. It came as a result of the recommendations made by several expert committees like Bhatt Committee of 1972, Naik Committee of 1992, Abid Hussain Committee of 1997, Gupta ...
This book, limited liability partnerships –law and practice, contains an analysis of the law of LLP in India from a legal practitioners viewpoint and seeks to provide answer to the questions concerning LLPs. This book also intend to provide a guidance on conversion to a LLP.
- Hitendra Mehta
