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Introduction LLPs, are a popular type of adaptable corporate structure.. However, there are certain regulations and limitations that need to be considered. In this blog, we will explore the limit of designated partners in an LLP, highlighting the legal framework and its implications for LLP operations. Understanding Designated Partners In an LLP, designated partners are … Read More “What is the limit of designated partner in LLP?” »
Introduction In the context of limited liability partnerships in India, a Designated Partner Identification Number (DPIN) is a unique identification number assigned to designated partners. It serves as a crucial identifier for individuals assuming key roles and responsibilities within an LLP. In this blog post, we will delve into the validity of the DPIN, exploring … Read More “What is the Validity for Designated partner identification number ?” »
Introduction Limited Liability Partnership (LLP) is a form of business structure that combines the benefits of both a partnership and a company. In LLP, partners have limited liability, meaning they are not personally responsible for the debts and losses of the business. LLPs are governed by the Limited Liability Partnership Act, 2008, and the rules … Read More “Whether it is mandatory to appoint designated partner in a llp?” »
Introduction Designated partners in a partnership firm are individuals who are responsible for the day-to-day management of the firm and also have unlimited liability for the debts of the company. In other words, designated partners are personally responsible for the financial obligations of the firm. In this blog, we will take a look at the … Read More “what are Designated partner liability in the company ?” »
Introduction : An LLP is a unique sort of partnership. There is constrained legal responsibility on a few or all the companions, because of this that that one accomplice will now no longer be answerable for another’s misconduct. In an LLP, a few companions have a constrained legal responsibility just like the corporation’s shareholders have. … Read More “Designated partner liability in Llp” »
