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On partnerships with limited liability
2007If any apology, further than the importance of the subject, were required for a paper such as the present, after the very able and carefully written pamphlet of Mr. Colles, it would be found in the report of the select committee, appointed to consider the law of partnerships in these countries:?'"Your committee, considering the vast extent ...
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On partnerships of limited liability
2007The unlimited liability existing under the English law prevents a prudent man from connecting himself as a partner with any business to which he cannot give his personal attention. This operates as a restriction on the employment of capital, and it has been suggested that it would be of advantage to the community to adopt the system of partnerships of ...
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Limited Liability Partnership in Pakistan: An Overview
SSRN Electronic Journal, 2016Unlike the rest of the world, Limited Liability Partnership (LLP) is a comparatively newer business vehicle for Pakistanis. On August 8th, 2014 Securities and Exchange Commission of Pakistan (SECP) issued a press release to introduce this new concept. The reason for introduction of this business structure was to fill the gap between business firms such
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Limited Liability Partnerships Under Nigerian Law
SSRN Electronic Journal, 2020The Companies and Allied Matters Act, 2020 (“the Act”) introduced a myriad of changes to the Nigerian business environment and corporate sector. Among such changes is the creation of a novel business structure called Limited Liability Partnerships (“LLPs”) . This article will explore the legal framework for LLPs under Nigerian law including the:
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12. Limited Liability Partnerships—Liability to Third Parties
2015This chapter discusses the liabilities of members of limited liability partnerships (LLP) to third parties. Aside from its debts, an LLP may be liable either in its own right as the contracting party or tortfeasor by way of attribution or vicariously for the acts of its agents and employees as any other principal or employee.
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11. Limited Liability Partnerships—Membership
2015This chapter considers the requirements needed to become a member of a limited liability partnership (LLP) under the Limited Liability Partnerships Act 2000 (LLP Act). The term ‘member’ of an LLP is used to distinguish them from partners, directors, or shareholders.
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Limited Liability Partnerships in India: A General Analysis
SSRN Electronic Journal, 2010The Limited Liability Partnership (LLP) is viewed as an alternative corporate business vehicle that provides the benefits of limited liability but allows its members the flexibility of organizing their internal structure as a partnership based on a mutually arrived agreement.
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