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Tag: LLP

LIMITED LIABILITY PARTNERSHIP ACT 2008 NOTES

Posted on May 27, 2022February 8, 2025 By commerceiets
LIMITED LIABILITY PARTNERSHIP ACT 2008 NOTES

LIMITED LIABILITY PARTNERSHIP ACT 2008 NOTES QUESTION: Explain the salient features of LLP? ANSWER: Limited Liability Partnership enterprise has been introduced in India by enacting the Limited Liability Partnership Act, 2008. LIMITED LIABILITY PARTNERSHIP Act was notified on 31.03.2009. A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and…

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