A corporate business vehicle that enables professional expertise and entrepreneurial initiative to combine and operate in flexible, innovative and efficient manner, providing benefits of limited liability while allowing its members the flexibility or organizing their internal structure as a partnership.
Limited Liability Partnership Act, 2008 is been notified on 31.03.2009 and Limited Liability Rules, 2009 notified on 01.04.2009. surprisingly first LLP is also got registered on 02.04.2009.
To download the notification click here
To download the rules click here
CAclubindia
