Limited Liability Partnership Agreement Format India

Here in India: The Restricted Liability Partnership Act 2008 had got listed in the official Gazette of India on January 9, 2009 whereas effected from 31 March 2009. Thus, LLPs are ideal for startups and small organizations that are just starting their operations and want to have minimal regulatory compliance associated formalities. No minimum capital is needed for registration of LLP.two. Secondly there should be at-least two partners whilst applying for LLP registration in India whereas for maximum partners there is no limit in LLP.

The contribution is the liability of every single companion