The Bombay High Court recently ruled that a Limited Liability Partnership (LLP) can be bound by an arbitration clause in its ...

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In either case, the LLP must be defined by an operating agreement, she says. Difference Between an LLP and LLC An LLC is a limited liability corporation. Like an LLP, it is a business entity ...

If an LLP provides taxable goods or services, it must apply for GST registration. Once registered, LLPs can claim Input Tax Credit (ITC) on their purchases, reducing their overall tax liability. GST ...