Registration-Incorporation of Entity

The Limited Partnership firm cannot own property in its (LP’s) name.

General Partner in the Limited Partnership (LP) firm has unlimited liability whereas the Limited Partner has only limite...

Limited Partnership is not a separate legal entity. The Partners are the owners of the Partnership according to their na...

Limited Partner: A limited partner is defined as any partner who, under the terms of the partnership agreement, shall no...

General Partner: Anyone who is not a limited partner of an LP is a general partner. General partners are regarded in exa...

At least 2 partners are required; one general partner and one limited partner. There is no maximum limit.