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- 04 Feb 2025
- Dimpal Kajla
- Articles, Knowledge, LLP, Compliance,
A Limited Liability Partnership (LLP) is a hybrid business structure that combines the advantages of both a partnership and a company. It provides limited liability to its partners while allowing flexibility in management. The Limited Liability Partnership Act, 2008 governs LLPs in India, including provisions for changes in management. Many times, it happens that due to certain circumstance the e......