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