Online Basic Partnership Firm Registration in India - IfilingPortal
A Basic Partnership is a business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in the partnership deed. This structure is thought to have lost its relevance since the introduction of the Limited Liability Partnership (LLP) because its partners have unlimited liability, which means they are personally liable for the debts of the business. https://ifilingportal.in/basic-partnership-firm/