Separate Legal
Entity:
In LLP Company Registration in Bangalorethe Limited Liability Partnership is legally
acknowledged as a separate legal entity. Therefore, an LLP can have its
licenses, approvals, contracts, assets, PAN, bank accounts, and liabilities in
a unique way.
Limited
Liability:
Partners of a Limited Liability
Partnership have liability responsible limited to the length of their allowance
in the LLP and individual assets of partners cannot be made use for the payment
of the liabilities of the LL...
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