Is there any difference between Limited liablity partnership & partnership?
leaving these two areas
1. In LLP count of members can exceed 20.
2. Overiding principle of " Partners are liable jointly & severally"
nagaraj (student) (206 Points)
17 December 2008Is there any difference between Limited liablity partnership & partnership?
leaving these two areas
1. In LLP count of members can exceed 20.
2. Overiding principle of " Partners are liable jointly & severally"
CA Tilak Raj Sharma
(Practising CA in Solan (H.P.))
(6374 Points)
Replied 17 December 2008
LLP has to file returns with ROC and in partnership no return with ROC.
vivek
(article)
(27 Points)
Replied 17 December 2008
i ask 1 question ,why llp is introduse in now and what diff between company or llp?
CS Arpita Rajpurohit
(Company Secretary)
(1111 Points)
Replied 17 December 2008
hope this article will answer all your queries regarding LLPs.
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