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Limited Liability Partnership Act 2008 Limited Liability Partnership Act, 2008Official Gazette of India on January 9, 2009First LLP – First week of April 2009Extends to the whole of IndiaLLP – Partnership formed & registered under this Act [Sec 2(1) (n)]Features:Body CorporateSeparate Legal EntityPerpetual SuccessionNon-ApplicabilityComparison between Partnership and LLPBasis of distinctionPartnershipLLPRegulating LawIt is governed by ‘The Indian.
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