Limited liability partnership ("LLP") is a new concept envisaged for ease of doing business which acts as an advantage compared to Partnership and Company. LLP can be constituted with 2 partners with one being designated partner.
source https://www.caclubindia.com/articles/limited-liability-partnership-act-2008-47642.asp
source https://www.caclubindia.com/articles/limited-liability-partnership-act-2008-47642.asp
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