Difference between partnership firm & llp

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Querist : Anonymous

Querist : Anonymous (Querist)

22 October 2016 SIR

PLEASE LET ME KNOW THE DIFF. BETWEEN PARTNERSHIP FIRM & LLP

Sandeep Dharar

Sandeep Dharar (Expert)
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24 October 2016 The main difference comes from the name, i.e, all the partners in a LLP have limited liability then a pure partnership firm. First u need to know that what a LLP is? So visit the following link to get the knowledge about LLP:-

http://www.charteredclub.com/what-is-a-limited-liability-partnership-llp/