Limited Liability Partnership Agreement Format India

Right after incorporation of LLP, the copy of signed agreement is filed to the Registrar of Businesses via Form three within 30 days from the date of incorporation. So, some lesser partners could feel compromised if larger shareholders decide on to move the small business in a direction that affects their interests.Unlike in partnership, no partner is liable on account of the independent or un-authorized actions of other partners and accordingly individual partners are protected from joint liability created by yet another partner's wrongful actions or misconduct. In addition to LLP Registration

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