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

LLP stands for limited liability partnership. As the name suggests, an LLP provides its members with a degree of liability protection, shielding them and their personal assets. "A partner of a ...

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 ...