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 […]

LLP Agreement vs Partnership Deed Introduction A Limited Liability Partnership is managed and operated by an LLP agreement, whereas a general partnership is monitored by a Partnership deed. An LLP or partnership firm is a business structure through which partners […]

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 […]

The Impact of LLP Name Change on Branding: What You Need to Know Introduction The name of a Limited Liability Partnership (LLP) plays a critical role in establishing and maintaining its brand identity. However, over time, a company’s name may […]

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 […]

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 […]

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 […]

Removal of a Partner in a LLP – Reasons for removal of a Partners in Limited Liability Partnership  and “How to remove a partner from LLP?” Introduction Partners manage a Limited Liability Partnership. The partners lead the Limited Liability Partnership in […]

Designated Partner Identification Number – Meaning, Validity of DPIN, Documents and Documents required for obtaining DPIN Introduction When a person wishes to be a designated partner in a LLP (Limited Liability Partner) at that time it is mandatory for an individual […]