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    <title>CONVERSION FROM FIRM INTO LIMITED LIABILITY PARTNERSHIP</title>
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    <description>Conversion transfers the firm&#039;s property, assets, rights, liabilities and whole undertaking to the LLP upon registration; the LLP is treated as the party to existing contracts, proceedings and approvals from the registration date, the firm is deemed dissolved, and partners remain personally liable for pre-conversion liabilities though entitled to indemnity from the LLP if they discharge such obligations.</description>
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      <description>Conversion transfers the firm&#039;s property, assets, rights, liabilities and whole undertaking to the LLP upon registration; the LLP is treated as the party to existing contracts, proceedings and approvals from the registration date, the firm is deemed dissolved, and partners remain personally liable for pre-conversion liabilities though entitled to indemnity from the LLP if they discharge such obligations.</description>
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