A Limited Liability Partnership (LLP) is an alternative corporate business form that gives the benefits of limited liability of a company with the flexibility of a partnership. This concept was introduced in India in 2008-09 with the implementation of the Limited Liability Act, 2008. In recent times it became a very popular form of business.
After the relaxation in Income Tax and Goods and Services Tax (GST) compliances Central Government also came up with the relaxation in Companies Act and Limited Liability Act compliances. The Ministry of Corporate Affairs (MCA) issues following three Circulars regarding the various relaxation in the Company Law compliances considering the severe COVID-19 conditions in the
