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  1. Oct 04, 2010 · Limited Liability Partnership (LLP) is 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.

  2. A Limited Liability Partnership also called as an LLP combines features of both the Partnership and the Company into one single organisation. In other words, LLP is a way of doing business that provides the advantages of limited liability of a company and at the same time gives flexibility to its members as in the case of partnership firm.

  3. Aug 19, 2018 · The provison of Secton- 23(three) suggests that such an agreement(s) might impose obligations on the LLP only when such an agreement(s) is ratified by limited liability partnership india all the partners immediately after the incorporation of the LLP. There are a lot of advantages of converting a partnership firm into a LLP however, the ...

  4. As mentioned above, LLP is used as an acronym in text messages to represent Limited Liability Partnership. This page is all about the acronym of LLP and its meanings as Limited Liability Partnership. Please note that Limited Liability Partnership is not the only meaning of LLP.

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