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Tag: PARTNERSHIP VS 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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