Limited Liability Partnership Agreement Draft India

Prior to an LLP occupies any premises as its registered address, a no objection certificate must be obtained from the owner of the premises. Before proceeding with the incorporation process, an application has to be filed for obtaining the LLP name approval from the ROC. Contents of LLP Agreement, as may possibly be prescribed, shall also be needed to be filed with ROC. Relating to the quantity of partners, the only specification in a LLP is that it calls for minimum two partners. Partners are not agent of other Partners: In LLP, Partners as opposed to partnership are not agents of the partners

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