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“Limited Liability Of Partnership In India (Laws Related To It In Comparison To Other Countries)”, *Harshita Sharma, Indore.pdf

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Summary

The research work aims to highlight the loopholes related to Limited Liability Partnership (LLP) in India and its comparison with other countries. The study focuses on the Indian Partnership Act 1935, Limited Liability Partnership Act 2008, and case laws related to LLP in India. It also examines the concept of LLP in countries like the UK, Germany, and the US, where the concept originated. The UK Limited Liability Partnership Act 2000 is discussed, which introduced a new vehicle for international business with features like separate legal personality, limited liability, and flexibility. In India, the introduction of LLP aimed to promote growth in small-scale industries and professional services, with recent proposals to include Small Scale Industries in the ambit of the Limited Liability Partnership Act.

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Description

The research work aims to highlight the loopholes related to Limited Liability Partnership (LLP) in India and its comparison with other countries.

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  • File Format: PDF
  • File Size: 885 KB
  • Pages: 8
  • Language: EN
  • Author: User
  • Total Downloads: 70
  • Last Updated: 2 weeks ago

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