JustStart

Day: November 30, 2021

9 Big Differences Between LLP and a Partnership Firm

9 Big Differences Between LLP and Partnership Firm

The Government of India passed the Limited Liability Partnership Act, 2008 to address the important issues. A Limited Liability Partnership is a business entity that gives limited liability to the partners and provides stability in the partnership company. According to section 4 of the Indian Partnership Act, 1932, a partnership is an agreement between two …

9 Big Differences Between LLP and Partnership Firm Read More »