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Limited Liability Partnership
Limited Liability Partnership
INTRODUCTION
LLP is a new commercial vehicle that does away with the
limitations of traditional partnerships and combines the
advantages of both partnership and company form of
organization. It is a statute based governed structure that
provides flexibility in organizing the internal affairs based
on mutual agreement and at the same time provides
corporate shield of limited liability.
GOVERNING LAW
❖ Perpetual succession
V.V.SIVAKUMAR
Partner
Dua Associates
Advocates & Solicitors
Chennai
Mobile 98410 06968