Indian Intellctual Property Matters, Patent & Trade Mark Attorneys

Language Converter
Powered by Web Planner


Company law in India
Types of Companies
Private Company
Public Company
Procedure for Company Incorporation
Documents required for incorporation of company in India
Limited Liability Company
Partnership Firms
Limited Liability Partnership
LLP is a separate legal entity having limited liability aspect of a Company. It is a distinct legal entity from its partners, can own assets in its name, sue and be sued. Unlike corporate shareholders, the partners have the right to manage the business directly. It has minimum of 2 partners and there is no limit as to maximum number of partners. It is governed in India by Limited Liability Partnership Act 2008 notified on 31.03.2009. The rights and duties of partners in LLP, will be governed by the agreement between partners and the partners have the flexibility to devise the agreement as per their choice. The duties and obligations of Designated Partners shall be as provided in the law.
Incorporation of Limited Liability Partnership
Proprietorship Firms
Incorporation of Limited Liability Proprietorship