Archive for September, 2008

Limited Liability Partnership – An Overview – II

Saturday, September 27th, 2008

(..cont.)
What are the key features of a LLP?
The key features of a LLP incorporated in India are as follows:
1. LLP is a body corporate. It is must for every LLP to get registered with the Registrar of Companies (ROC) similar to that of setting up of a company. Its name should be unique i.e. [...]

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Buffett TO BUY Goldman Sachs

Friday, September 26th, 2008

The world richest man Mr. Warren Buffett has come to save the world from the financial turmoil. His company Berkshire Hathaway Inc said on Tuesday that they would be investing at least $5 billion in Goldman Sachs Group Inc. In addition to buying $5 billion in preferred stock, Warren Buffett’s company also got warrants [...]

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Limited Liability Partnership – An Overview – I

Thursday, September 25th, 2008

Introduction
Limited Liability Partnership commonly known as LLP is a concept which adopts corporate form. Thus it has an organizational flexibility of a company and a tax status of partnership with limited liability on its partners. LLP Bill was tabled in Rajyasabha on 15th December
2006 and is influenced by Limited Liability Partnership Act 2000 of [...]

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LABOURS: MADE IN CHINA

Tuesday, September 23rd, 2008

In every corner of the world we find that every product from toothpaste to electronics has been labeled as ‘MADE IN CHINA’. These products have a huge demand in global market as the cost of production is very low which results in low prices. Now labours are also exported from China as they are skilled [...]

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