How Partners are different from Designated Partners in LLP?



The Limited liability Partnership Structure is mainly influenced by characteristics of General Partnership under Indian Partnership Act, 1932. Here, the normal partnership firm provides types of Partners based on their participation to day-to-day operations. However, as the Limited Liability Partner
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Shrijay is a co-founder at a leading LegaTechstart-up LegalWiz.in, providing simple and affordable solutions to startups, SMEs and individuals. LegalWiz.in helps in Trademark Registration, Starting a Private Limited Companyand LLP, Legal Compliances, and Document Drafting.


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