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4 days ago · A Limited Liability Partnership, or LLP, is a unique business structure that combines the benefits of a partnership with the limited liability of a corporation. This means that the partners’ personal assets are protected in case of any debts or liabilities incurred by the business. Benefits of Registering as an LLP
3 days ago · (c)the need to foster the company’s business relationships with suppliers, customers and others, (d)the impact of the company’s operations on the community and the environment, (e)the desirability of the company maintaining a reputation for high standards of business conduct, and (f)the need to act fairly as between members of the company.
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2 days ago · In accordance with the IT guidelines, partners’ remuneration in a Limited Liability Partnership (LLP) should adhere to the following limits: On the first Rs. 3 lakhs of book profit or, in case of a loss, Rs. 1,50,000 or 90% of book profit, whichever is greater. On the remainder of the book profit, the remuneration should not exceed 60% of the ...
3 days ago · Authors. The corporate world is a term to symbolize the expansion of a business. It is the expansion of delegacy, where a group of businesses comes together under the ambit of the same aim for achieving goals considering the legal binding to every class of people. Corporate law is not just binding rules and regulations for people in business.
2 days ago · Intellectual Property License is an agreement between the owner of the Intellectual Property and the party to whom the rights are being given in exchange for a fee or royalty. The IP Owner and the third party are the licensor and the licensee respectively. Such a person can use it to serve their purpose in a limited manner for a particular ...
18 hours ago · The decision comes after observing sustainable development, governance, risk and compliance becoming a central stress point at all global business forums, including the World Economic Forum. The firm obtained the first position at the Indian Law Firm Awards 2021 & again in 2022 &2023 under the award category “Law Firm of the Year ...
Feb 24, 2023 · Designated Partner Identification Number (DPIN) Last updated : February 24th, 2023 05:57 pm. Designated Partner Identification Number (DPIN) is a registration required for any person who wishes to be appointed as a Designated Partners of a Limited Liability Partnership (LLP).
