Limited Liability Partnerships - Law and Practice (9th Edition, 2024)
- Year of Publication: 2024
- Edition: 9th
- ISBN: 9789356036154
- No.of Pages: 1584
An LLP contains features of two long-standing forms of business structure, namely the 'company' and the 'partnership firm'. An LLP, thus, is a hybrid of a company and a partnership. To explore this business structure, every professional and businessman would need to know, in a simple way, the advantages, nuances and complexities involved. The unique format and structure of the book makes it very handy for those looking to get relevant information about any provision of the LLP Act, with the least effort. The FAQs at the end of the chapters, arranged in a tabular and easy to read format, are very helpful for the busy professionals to quickly find information on the key topics. This book explains the various features of the LLPs and addresses several issues concerning the construction of the LLP Act.
Key Features
- Comprehensive Section-wise commentary on the LLP Act, as amended by the LLP (Amendment) Act, 2021, w.e.f. 1-4-2022 read with LLP (2nd Amendment) Rules, 2022
- Applicability of the Companies Act, 2013 on LLPsS
- Implication of Insolvency and Bankruptcy Code, 2016 on the winding-up of LLPs
- Compromise, arrangement, reconstruction or amalgamation of LLPS
- Comparison of LLP with Partnership Firm and Company
- FDI into LLPS
- Taxation of LLPS
- LLPs by and amongst professionals, viz., CSs, CAS, CMAs and Advocates
- Practical issues and procedures alongwith FAQS
- Ready Reckoner on Penal Provisions under the LLP Act
- Latest Notifications, Circulars and Clarifications issued by the MCA, DPIIT and RBI
Commercial LAW PUBLISHERS (INDIA) PVT. LTD. which is in the legal publishing business for nearly three decades is now one of the top ranking legal publishers in India–recognized and accepted by diverse professionals and business entities as well as Government Departments in view of the high quality, practical utility as well as diversity in subjects on which it brings out Books. It has the powerful backing of its vast exposure as the leading Books Distributor All over India for over 45 years. From just a couple of titles during the first few years of its publishing activity, Commercial has now around 200 titles and over 350 Bare Acts & Manuals in the field of Direct Indirect Taxes, Corporate Law and Civil/Criminal Laws. It successfully launched the Bare Acts project in the year 1996 and has so far brought out over 350 updated Bare Acts. These are much sought after since these Bare Acts are annotated ones containing notes and brief comments, thus enhancing their utility. Commercial has been bold enough to bring out Books, Commentaries and Referencers on hitherto untouched subjects like Legal Metrology. It has a record number of publications on Income Tax, Company Law, Customs, GST and Students Publications for CA & CS by bringing out high quality publications at affordable prices and is an highly ethical business enterprise. Commercial has withstood the market competition successfully over the years including competition from Foreign publishers and strives its best to serve the legal and corporate professionals better and better every day with its novel ideas and business strategy. Commercial is backed by a team of highly competent in-house professional experts supplemented by high profile authors who have stood by it for decades.
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- Year of Publication: 2024
- Edition: 9th
- ISBN: 9789356036154
- No.of Pages: 1584
An LLP contains features of two long-standing forms of business structure, namely the 'company' and the 'partnership firm'. An LLP, thus, is a hybrid of a company and a partnership. To explore this business structure, every professional and businessman would need to know, in a simple way, the advantages, nuances and complexities involved. The unique format and structure of the book makes it very handy for those looking to get relevant information about any provision of the LLP Act, with the least effort. The FAQs at the end of the chapters, arranged in a tabular and easy to read format, are very helpful for the busy professionals to quickly find information on the key topics. This book explains the various features of the LLPs and addresses several issues concerning the construction of the LLP Act.
Key Features
- Comprehensive Section-wise commentary on the LLP Act, as amended by the LLP (Amendment) Act, 2021, w.e.f. 1-4-2022 read with LLP (2nd Amendment) Rules, 2022
- Applicability of the Companies Act, 2013 on LLPsS
- Implication of Insolvency and Bankruptcy Code, 2016 on the winding-up of LLPs
- Compromise, arrangement, reconstruction or amalgamation of LLPS
- Comparison of LLP with Partnership Firm and Company
- FDI into LLPS
- Taxation of LLPS
- LLPs by and amongst professionals, viz., CSs, CAS, CMAs and Advocates
- Practical issues and procedures alongwith FAQS
- Ready Reckoner on Penal Provisions under the LLP Act
- Latest Notifications, Circulars and Clarifications issued by the MCA, DPIIT and RBI
Commercial LAW PUBLISHERS (INDIA) PVT. LTD. which is in the legal publishing business for nearly three decades is now one of the top ranking legal publishers in India–recognized and accepted by diverse professionals and business entities as well as Government Departments in view of the high quality, practical utility as well as diversity in subjects on which it brings out Books. It has the powerful backing of its vast exposure as the leading Books Distributor All over India for over 45 years. From just a couple of titles during the first few years of its publishing activity, Commercial has now around 200 titles and over 350 Bare Acts & Manuals in the field of Direct Indirect Taxes, Corporate Law and Civil/Criminal Laws. It successfully launched the Bare Acts project in the year 1996 and has so far brought out over 350 updated Bare Acts. These are much sought after since these Bare Acts are annotated ones containing notes and brief comments, thus enhancing their utility. Commercial has been bold enough to bring out Books, Commentaries and Referencers on hitherto untouched subjects like Legal Metrology. It has a record number of publications on Income Tax, Company Law, Customs, GST and Students Publications for CA & CS by bringing out high quality publications at affordable prices and is an highly ethical business enterprise. Commercial has withstood the market competition successfully over the years including competition from Foreign publishers and strives its best to serve the legal and corporate professionals better and better every day with its novel ideas and business strategy. Commercial is backed by a team of highly competent in-house professional experts supplemented by high profile authors who have stood by it for decades.
