Limited liability partnership

This query is : Resolved 

22 May 2008 1. What is the differance between a partner and the designated partner?(w.r.t. liability and income)
2. Is the consent of all the partners or designated partners required for admission of a new partner or retirement of a partner(designated or otherwise)?
3.Why should one go for an Limited liability partnership and not for a company.

Please help me as soon as you can. I need all. Mail at anuj4126@rediffmail.com.

Regards

Anuj

23 May 2008 see ur duplicate query

07 June 2008 Thanks.




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