ISSN 2581-5369
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Need for Introduction of Limited Liability Partnership in India
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Nitya Sanghavi
student at Kirit P Mehta School of Law, NMIMS, India
Abstract
The purpose of this paper is to understand the necessity of introduction of Limited Liability Partnership in India. This paper helps in understanding the basic concept on an LLP and its features. The paper briefly discusses why an LLP is the need of the hour for businesses in India and how it will help the economy. It also analyses various case laws and acts relating to this type of partnership. The paper throws light on current stance of LLP in India. Various research papers and articles on LLP have been reviewed. Lastly, suggestions to improve LLP framework have also been mentioned.
Type
Research Paper
Information
International Journal of Law Management and Humanities, Volume 5, Issue 6, Page 830 - 839
DOI: https://doij.org/10.10000/IJLMH.113854Creative Commons
This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
Copyright
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