Corporate Laws
LLP versus Company: Pros and Cons of Investing in an LLP Structure
The principle of limited liability is important in India as individuals have the option of going with an LLP instead of a partnership firm.
Corporate Laws
Statement of Account & Solvency [LLP: Form 8]
A partnership, suffers from a crucial demerit: unlimited liability this makes the partners to be liable for their personal assets, if sued.
Corporate Laws
LLP Form for Intimating Other Address for Service of Documents [Form 12]
Limited Liability Partnership should intimate Registrar about the declaration of other address (other than registered office) within 30 days.