LIMITED LIABILITY PARTNERSHIP: A NEW GATEWAY TO CORPORATE INDIA

Cite this:
Shailendra Kumar, A. J. (2013). LIMITED LIABILITY PARTNERSHIP: A NEW GATEWAY TO CORPORATE INDIA. Innovative Journal of Business and Management, 1(01). Retrieved from https://innovativejournal.in/index.php/ijbm/article/view/374
© 2022 Interactive Protocols
RIGHTS & PERMISSIONS
Article Views
175
Altmetric
1
Citations
-
LEARN ABOUT THESE METRICS
   PDF  

Abstract

LLP is a new corporate form that enables professional expertise and entrepreneurial initiative to combine, organize and operate in an innovative and efficient manner. In India, this need has long been recognized for businesses which may require a framework that provides flexibility suited to requirements of service, knowledge and technology based enterprises. Services sector is playing a major role in the national economy and there is a growing diversity in the range of services being offered. The services sector also finds this form very useful. LLP Bill, 2008 was introduced in the Rajya Sabha on 21st October, 2008. This was passed by the Rajya Sabha on 24th October, 2008. The Bill was passed by Lok Sabha on 12th December, 2008. The President gave assent to this Bill on 7th January, 2009.This has opened a new gateway to entrepreneurs to enter the corporate world.

KEYWORDS:

 Special Issue

Article Metrics Graph

Chart Graph | Range Graph

Content

Section

Source

License

COPYRIGHT AGREEMENT AND AUTHORSHIP RESPONSIBILITY

 

All paper submissions must carry the following duly signed by all the authors:

“I certify that I have participated sufficiently in the conception and design of this work and the analysis of the data (wherever applicable), as well as the writing of the manuscript, to take public responsibility for it. I believe the manuscript represents valid work. I have reviewed the final version of the manuscript and approve it for publication. Neither has the manuscript nor one with substantially similar content under my authorship been published nor is being considered for publication elsewhere, except as described in an attachment. Furthermore I attest that I shall produce the data upon which the manuscript is based for examination by the editors or their assignees, if requested.”