Partnership

Designated Partners in LLP

Designated Partners 1) Every Limited Liability Partnership has at least two designated partners who are individuals and at l…

Partners and Their Relations in LLP

Eligibility On incorporation of a Limited Liability Partnership, the persons who subscribed their names to the incorporatio…

Limited Liability Partnership

Introduction During the last 14-15 years, the limited liability concept of a company has been extended by many countries to…

Settlement Of Accounts in Partnership

The manner for settling partnership accounts after dissolution of the firm, is usually provided in the partnership contract …

Consequences Of Dissolution of Firm

Consequent to the dissolution of a partnership firm, the partners have certain rights and liabilities. These rights and liab…

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