https://www.taxtmi.com/article/detailed?id=9762 An LLP, as a separate body corporate with perpetual succession and capacity to sue and be sued, qualifies as a "person" and may become a partner in a partnership firm; the LLP's own liabilities as a partner are governed by the Partnership Act and are distinct from the limited personal liabilities of its partners under the LLP statute, so differences in liability regimes do not preclude registration of a partnership including an LLP. en-us Sat, 24 Apr 2021 21:09:49 +0530 Sat, 24 Apr 2021 21:09:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9762 An LLP, as a separate body corporate with perpetual succession and capacity to sue and be sued, qualifies as a "person" and may become a partner in a partnership firm; the LLP's own liabilities as a partner are governed by the Partnership Act and are distinct from the limited personal liabilities of its partners under the LLP statute, so differences in liability regimes do not preclude registration of a partnership including an LLP. Articles Limited Liability Partnership - LLP Sat, 24 Apr 2021 21:09:49 +0530 https://www.taxtmi.com/article/detailed?id=9762