What is the Process of Converting an Unregistered Partnership to an LLP? Introduction Converting unregistered partnerships to Limited Liability Partnerships (LLP) is a popular choice among businesses in India. It provides the benefits of limited liability and flexibility in management, […]

What is the process to change the LLP Agreement of Limited Liability Partnership (LLP)? Introduction A Limited Liability Partnership (LLP) is a business structure that combines the benefits of a partnership and a company. It provides the flexibility of a […]

5 Essential Steps to Negotiate a Partner Buyout Agreement in an LLP Introduction In a Limited Liability Partnership (LLP), the dynamics among partners can change over time, leading to the need for a partner buyout. A partner buyout occurs when […]

What are the differences between Partner and Designated Partner in an LLP   Introduction The differences between a partner and a designated partner are minor, but understanding these terms is essential when registering in an LLP (Limited Liability Partnership). In […]

How Adding or Removing a Partner Can Affect Your LLP? Introduction An LLP (Limited Liability Partnership) is a combination of both the partnership and company forms of business. Though the status of the LLP is unaffected by the addition of […]

LLP Strike Off for LLPs with Defaulted Filing Requirements Introduction Limited Liability Partnerships (LLPs) are a popular business structure due to their flexibility and limited liability protection. However, maintaining compliance with filing requirements is essential for LLPs to ensure their […]

Reasons for an LLP Name Change: Explained Introduction A Limited Liability Partnership (LLP) is a popular form of business organization that combines the benefits of both a partnership and a limited liability company. Like any other business entity, an LLP […]

Differences between LLP Strike-off & Winding-up Introduction Limited Liability Partnerships (LLPs) are a popular business structure among entrepreneurs and small business owners due to their flexibility and Limited Liability protection. However, sometimes it becomes necessary to close an LLP due […]

LLP Strike Off with No Tax Returns Filed Introduction Limited Liability Partnerships (LLPs) have gained immense popularity as a form of business in India in recent years. LLPs provide the benefits of limited liability to its partners and offer them […]