Indian Limited Liability Partnership Law: Some Concepts and Concerns

2010 ◽  
Author(s):  
Yamini Mahajan ◽  
Amit M. Sachdeva
Keyword(s):  
Limited Liability ◽  
Limited Liability Partnership

scholarly journals BENTUK HUKUM PERUSAHAAN PERSEKUTUAN DI INDONESIA DAN PERBANDINGANNYA DI MALAYSIA

Cepalo ◽  
2020 ◽  
Vol 4 (1) ◽  
pp. 28
Author(s):  
Rizha Claudilla Putri
Keyword(s):  
Limited Liability ◽  
Sole Proprietorship ◽  
Limited Company ◽  
Limited Liability Partnership

Perusahaan dapat dibedakan atas perusahaan badan hukum dan perusahaan bukan badan hukum. Di Indonesia, Perusahaan badan hukum dapat berbentuk Perseroan Terbatas (PT), Yayasan dan Koperasi. Sedangkan perusahaan bukan badan hukum dapat berupa Firma (Fa) dan Persekutuan Komanditer atau Comanditaire Vennootschap (CV). Peraturan mengenai bentuk perusahaan persekutuan, firma dan CV terdapat di dalam KUHPer dan KUHD. Sama halnya seperti di Indonesia, bentuk hukum suatu perusahaan Malaysia dapat dikenal dengan beberapa bentuk business entitiy, seperti Sole Proprietorship, Partnership, Limited Liability Partnership (LLP), Private Limited Company/SendirianBerhad (Sdn Bhd), dan Public Limited Company/Berhad (Bhd). Beberapa Business Entity yang ada di Malaysia memiliki kemiripan dengan jenis badan usaha yang ada di Indonesia, seperti Partnership atau Perusahaan Persekutuan. Terdapat pula perbedaan antara bentuk dan peraturan yang mengatur perusahaan persekutuan Indonesia dengan perusahaan persekutuan Malaysia. Undang-Undang yang digunakan pun berbeda bagi kedua negara, Partnership diatur dalam Partnership Act 1961 sedangkan untuk Limited Liability Partnership diatur dalam Limited Liability Act 2012. Penelitian hukum ini menggunakan metode penelitian normatif dengan pendekatan komparatif. Data yang digunakan adalah data sekunder yang didapat dari bahan hukum primer, sekunder dan tersier. Pengumpulan data dilakukan melalui studi kepustakaan dan dokumen serta diolah dengan melakukan seleksi data secara sistematis untuk mendapatkan gambaran umum dari hasil penelitian. Hasil penelitian menunjukkan bahwa dalam Partnership mengatur mengenai perusahaan secara tradisional dengan ingin mendapatkan laba atau keuntungan. Sedangkan di dalam LLP menggabungkan antara partnership dan company. Perbedaan bentuk hukum perusahaan persekutuan antara Indonesia dan Malaysia ini juga jelas terlihat jika dilihat dari aturan pada masing-masing negara dimana Indonesia tidak mempunyai undang-undang khusus mengenai bentuk hukum persekutuan ini. Dengan demikian, pemerintah hendaknya membuat sebuah undang-undang yang mengatur mengenai bentuk usaha persekutuan lebih khusus dalam peraturan yang berbeda agar dapat mudah dipahami oleh pelaku usaha seperti peraturan yang berlaku di negara Malaysia. 

15. Business Organizations

2019 ◽  
pp. 421-451
Author(s):  
Lucy Jones
Keyword(s):  
Limited Liability ◽  
Business Organizations ◽  
Limited Partnership ◽  
Legal Personality ◽  
Different Types ◽  
The Common ◽  
The Difference ◽  
Set Up ◽  
Limited Liability Partnership ◽  
The Relationship

This chapter discusses the common types of business organizations and explains the difference between unincorporated and incorporated businesses. The three types of partnership arrangements are considered, namely a general (ordinary) partnership, a limited partnership, and a limited liability partnership. The chapter includes discussion of the rules relating to partnerships under the Partnership Act 1890 and the Limited Liability Partnership Act 2000. It explains how different types of partnerships may be set up and looks at the relationship between partners and the relationship between partnerships and outsiders. It considers the dissolution of the different types of partnerships. The chapter concludes with a discussion of the different types of companies and the separate legal personality of companies.

15. Business Organisations

2017 ◽  
Author(s):  
Lucy Jones
Keyword(s):  
Limited Liability ◽  
Limited Partnership ◽  
Legal Personality ◽  
Different Types ◽  
The Common ◽  
The Difference ◽  
Set Up ◽  
Limited Liability Partnership ◽  
The Relationship

This chapter discusses the common types of business organisations and explains the difference between unincorporated and incorporated businesses. The three types of partnership arrangements are considered, namely a general (ordinary) partnership, a limited partnership, and a limited liability partnership. The chapter includes discussion of the rules relating to partnerships under the Partnership Act 1890 and the Limited Liability Partnership Act 2000. It explains how different types of partnerships may be set up and looks at the relationship between partners and the relationship between partnerships and outsiders. It considers the dissolution of the different types of partnerships. The chapter concludes with a discussion of the different types of companies and the separate legal personality of companies.

D. Other legal forms for business

2021 ◽  
pp. 758-758
Author(s):  
Derek French
Keyword(s):  
Limited Liability ◽  
General Purpose ◽  
Self Employment ◽  
Community Interest ◽  
Sole Proprietorship ◽  
Legal Forms ◽  
Limited Liability Partnership

This chapter discusses various general-purpose legal forms for carrying on business. It starts with the simplest form of all, sole proprietorship (or self-employment). Two or more persons carrying on a business or profession in common with a view of profit are in partnership, which has developed into the sophisticated form of the limited liability partnership. The rest of the chapter is devoted to the various lesser used forms of company which can be registered under the Companies Act 2006 (CA 2006). These are guarantee companies, unlimited companies and community interest companies. The chapter also discusses how re-registration can be used to transform various types of company into other types.

1. Business structures

2018 ◽  
Author(s):  
Lee Roach
Keyword(s):  
Limited Liability ◽  
Essential Information ◽  
Sole Proprietorship ◽  
Business Structures ◽  
The Uk ◽  
Limited Liability Partnership

Each Concentrate revision guide is packed with essential information, key cases, revision tips, exam Q&As, and more. Concentrates show you what to expect in a law exam, what examiners are looking for, and how to achieve extra marks. This chapter discusses the four principal business structures in the UK, namely the sole proprietorship, ordinary partnership, limited liability partnership (LLP), and company. The LLP and the company are created via a process called incorporation and are therefore known as incorporated business structures or, as they are referred to in their respective statutes, as ‘bodies corporate’. The sole proprietorship and the ordinary partnership are not created via incorporation and so are known as unincorporated business structures.

27. Choice of business medium

2018 ◽  
Author(s):  
J. Scott Slorach ◽  
Jason Ellis
Keyword(s):  
Social Security ◽  
Limited Liability ◽  
Capital Gains ◽  
The Other ◽  
Viable Option ◽  
Inheritance Tax ◽  
The One ◽  
Limited Liability Partnership ◽  
Business Media ◽  
Capital Expense

This chapter makes a comparison between companies, on the one hand, and partnerships or sole traders, on the other, in order to explain the various factors which should be taken into account when choosing the two business media. It considers factors such as risk of capital, expense, publicity, taxation, interest relief, capital gains, inheritance tax, pensions and social security Due to the range of variables, the desirability of limited liability means that incorporation may be the only viable option, although this can also be achieved by setting up a limited liability partnership. Where limited liability is not of great importance, the tax factors will be more significant and these would have to be examined from a number of perspectives, including the size of anticipated profits, the particular financial circumstances of the promoters of the business, and any particular expectations they had about their stake in the business.

scholarly journals Pośrednie umieszczenie nazwiska komandytariusza w fi rmie spółki komandytowej w świetle art. 104 § 4 k.s.h

2018 ◽  
Vol 24 ◽  
pp. 21-31
Author(s):  
Mateusz Grześków
Keyword(s):  
Limited Liability ◽  
Business Practice ◽  
Conflict Of Laws ◽  
Natural Person ◽  
The Law ◽  
Liberal Approach ◽  
Polish Code ◽  
Limited Liability Partnership

The indirect placement of a limited partner’s surname in business name of a limited liability partnershipIn the limited liability partnership, whose general partner is a non-natural person, there is a possibility that in its business name may occur an indirect placement of a limited partner’s surname when general partner’s business name contains surname of a limited partner. Accordance to art. 104 § 3 of Polish Code of Commercial Companies CCC limited liability partnership’s business name shall contain full business name of at least one of its general partners who are non-natural persons. In the result art. 104 § 4 CCC is infringed by the force of the law itself. This conflict of laws can be resolved by application of either lingual or functional interpretations of these contracting to each other provisions. Due to the needs of business practice, more liberal approach to the application of art. 104 § 4 should be adopted. Additionally, it would be wrong to punish entities who are acting in accordance with law for obeying it. Finally, the indirect placement of a limited partner’s surname in the business name of a limited liability partnership shall not result in holding limited partner liable for its debts.

1. Business structures

2016 ◽  
Author(s):  
Lee Roach
Keyword(s):  
Limited Liability ◽  
Essential Information ◽  
Sole Proprietorship ◽  
Business Structures ◽  
The Uk ◽  
Limited Liability Partnership

EachConcentraterevision guide is packed with essential information, key cases, revision tips, exam Q&As, and more.Concentratesshow you what to expect in a law exam, what examiners are looking for, and how to achieve extra marks. This chapter discusses the four principal business structures in the UK: sole proprietorship, ordinary partnership, limited liability partnership (LLP), and company. The LLP and the company are created via a process called incorporation and are therefore known as incorporated business structures or, as they are referred to in their respective statutes, as ‘bodies corporate’. The sole proprietorship and the ordinary partnership are not created via incorporation and so are known as unincorporated business structures.

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