A LLP contains features of two long-standing forms of business associations, namely the ‘company’ and the ‘partnership firm’. A LLP, thus, is a hybrid of a company and a partnership. To explore this new business structure, every businessman and professional would need to know, in a concise and simple way, the advantages, nuances, and complexities involved. This book explains the nuances of the LLPs and addresses several issues concerning the construction of the Act. This book, Limited Liability Partnerships –Law and Practice, contains an analysis of the law of LLPs in India from a legal practitioner’s viewpoint and seeks to provide answer to the questions concerning LLPs. This book also intend to provide a guidance on Conversion to a LLP. A flowchart depicting the same has also been incorporated for ready reference.
The unique format and structure of the book makes it a very useful buy for those looking to get all relevant information on any section of the Limited Liability Act, 2008 with the least effort.
The Frequently Asked Questions and Ready Referencer, arranged in a tabular and easy to read format, is handy for the busy professional to find quick information on all the key topics.
This book comes with a CD containing Limited Liability Partnership (Winding-up and Dissolution) Rules, 2010, relevant MCA Circulars and Income Computation and Disclosure Standard Notification dated 31 March, 2015.
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