Accountancy, asked by akshali98, 8 months ago

what are the rights of limited liability partnership? please tell me​

Answers

Answered by Anonymous
12

 \sf\green{ANSWER}

 \bf{\underline\red{liabilty-partnership}}

  • ʀɪɢʜᴛ ᴛᴏ ᴠᴏᴛᴇ: ᴛʜᴇ ɢᴇɴᴇʀᴀʟ ᴘᴀʀᴛɴᴇʀsʜɪᴘ ᴀᴄᴛ ᴘʀᴏᴠɪᴅᴇs ʟɪᴍɪᴛᴇᴅ ᴘᴀʀᴛɴᴇʀs ᴡɪᴛʜ ᴛʜᴇ ʟᴇɢᴀʟ ʀɪɢʜᴛ ᴛᴏ ᴠᴏᴛᴇ ɪɴ ᴀɴ ᴡɪᴛʜᴏᴜᴛ ɪɴᴄᴜʀʀɪɴɢ ʟɪᴀʙɪʟɪᴛʏ. ᴛʜᴇʏ ᴀʀᴇ ᴀʟʟᴏᴡᴇᴅ ᴛᴏ ᴠᴏᴛᴇ ғᴏʀ ᴛʜᴇ ᴅɪssᴏʟᴜᴛɪᴏɴ ᴏғ ᴛʜᴇ ʟɪᴍɪᴛᴇᴅ ʟɪᴀʙɪʟɪᴛʏ ᴘᴀʀᴛɴᴇʀsʜɪᴘ ʙᴜsɪɴᴇss ᴏʀ ᴛʜᴇ ᴅɪsᴘᴏsᴀʟ ᴏғ ɪᴛs ᴀssᴇᴛs

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Answered by ramya2316
5

Right to vote: The General Partnership Act provides limited partners with the legal right to vote in an without incurring liability. They are allowed to vote for the dissolution of the limited liability partnership business or the disposal of its assets.

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