Salient features of LLP What is the Salient features of LLPRead More » Posted By: Adv. Poonam R. | Posted At.: Jun 24, 2020 | Category: Company Law | Tags: mutual agency concept of Perpetual succession Salient features of LLP LLP means a corporate structure LLP means a partnership fi¬rm structure What is the Salient features of LLP Artificial Legal Person Perpetual Succession Common Seal into LLP Separate Legal Entity into LLP Minimum and Maximum number of Partners in LLP LLP Agreement Investigation Business for Profit Only Conversion into LLP Compromise or Arrangement into LLP LLP Act 2008 LLP cannot be formed for charitable or non-economic purpose LLP is invisible LLP is intangible LLP is immortal What is LLP Brief overview about LLP and its Salient Features