Everything about Companies, LLPs and Partnerships.
financing is done via borrowed funding, a most common way of acquiring such funding is through a line of credit which is also known as an overdraft facility in some parts of the fund. It does not disburse actual funds at the time of establishing the line, but it sets up an upper limit of the amount that can be withdrawn […]
What is Partnership Firm? When two or more people get together to start a business and share profits, a partnership firm comes into existence. Partnership firms in India are governed by the Indian Partnership Act […]
Introduction – Partnership and “Sleeping Partner” A partnership is a formal arrangement in which two or more parties cooperate to manage and operate a business, with the objective of earning profit. The persons who join […]
Limited Liability Partnership (LLP) – Introduction and Advantages? Limited Liability Partnership (LLP) is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. It […]
In statesmanship get the formalities right and never mind the moralities – Mark Twain An interesting parallel can be drawn between the worlds of statesmanship and entrepreneurship. Given the only constant – change, it is quite logical that […]
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