Difference between LLP & Registered PArtnership Firm
This query is : Resolved
25 July 2009
Very Urgent.
Please explain the main diference between the Un-registered PArtnership Firm, Registered PArtnership Firm and Limited Liability PArtnership firm.
Please explain the main diference between the Un-registered PArtnership Firm, Registered PArtnership Firm and Limited Liability PArtnership firm.
04 August 2009
The main difference is that in LLP, the liability is limited and will not cover the private properties of the partners. This is not so in other categories.
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