Capital Contribution by Partners to LLP

Capital Contribution by Partners to LLP The Limited Liability Partnership (LLP) is a business entity that provides limited liability to its partners. The partners are allowed to make a capital contribution to the entity, which determines their ownership level in…

SPARSH

SPARSH The acronym SPARSH stands for Social innovation programme for Products: Affordable and Relevant to Social Health, is a programme authorised by BIRAC under the sponsorship of the Department of Biotechnology, Government of India. This scheme assists various social problems…

Admission or Resignation of Partner in LLP

Admission or Resignation of Partner in LLP In a Limited Liability Partnership (LLP), Partners can be admitted or removed easily without any changes to the constitution or substance of the LLP. When compared to a traditional partnership firm, one of…

LLP Agreement and First Schedule of LLP Act

LLP Agreement and First Schedule of LLP Act LLP agreement is a legal document that must be filed within 30 days of LLP registration.¬†LLP agreement details the rights and responsibilities of Partners in an LLP. In case of failure to…

LLP Agreement Stamp Duty

LLP Agreement Stamp Duty Filing of LLP agreement with the Ministry of Corporate Affairs is the last step in the registration of an LLP. After obtaining LLP incorporation certificate, the LLP agreement, duly signed by the partners of the LLP…