LLP(Limited Liability partnership) - new platform to do business - Professionals - Legal - TIK Share
0 Likes 463 Views

LLP(Limited Liability partnership) - new platform to do business


Mukesh Jain CA

2013-11-22

LLP is surely a new way of doing business or profession. This seems to be a good option due to the fact also that the new amendments taking place in the companies act are very strict, too many procedures & legal complainces. Further LLP is a partnership with limited liability. Please share your views ?

CA Pulkit Sharma

2013-11-23

LLP is surely a good way of doing business. But it has some disadvantages too. The major disadvantage is amendment of initial agreement every time a partner exists or resigns.

For Disadvantages and Advantages you can refer this post.

Reply