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Procedures for Limited Liability Partnership (LLP) in Indiranagar

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  LLP Company Registration in Indiranagar is another corporate business form that gives the us the benefits of limited liability of a company and the provides us with the flexible partnership. In simple words, the partners have limited liability such that their personal resources cannot be used for paying off the debts of the company. Moreover, a single partner is not at all responsible for the misconduct or negligence of another partner.     Limited Liability Partnerships (LLP) have now become the most desirable form of organization among businessmen. It will incorporate the benefits of both 'partnership firm' and 'company' into a single form of organization. A minimum of two partners is necessary to incorporate an LLP. However, there is no upper limit to it. At least one partner of the LLP should be a citizen of India national. All LLPs are governed according to the provisions of the Limited Liability Partnership Act, 2008. The LLP agreement monitors the right...