Disadvantages Of Limited Liability Partnership In India

In the LLP Registration Partners have to apply llp formation in india for the Name Application in ROC Delhi through the MCA Portal. 1. This is an ideal organization for business enterprise as compared to an LLP.Liability: A LLP exists as a separate legal entity from its partners. LLP Registration is a new type of organization for corporate and partnerships to exist side by side. The provison of Secton- 23(three) suggests that such an agreement(s) may perhaps impose obligations on the LLP only when such an agreement(s) is ratified by all the partners right after the incorporation of the LLP.

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