As per the Companies Act, 2013, only natural persons can be directors. Company is an artificial legal entity and it can act only through the agency of natural persons. Prior to appointment, the directorial candidates need to obtain a DIN (Director’s…
Limited Liability Partnership is called a hybrid between a company and a partnership as it gives the benefits of limited liability of a company and the flexibility of a partnership. It is governed by the provisions of Limited Liability Partnership Act,…
What is an LLP? A Limited Liabilty Partnership (LLP) is a hybrid structure between a partnership firm & a private limited company where the business is carried out in a corporate framework, guided by terms of the mutually adopted partnership…
