Limited Liability Partnership: Limited Liability Partnership entities, the world wide recognized form of business organization has been introduced in India by way of Limited Liability Partnership Act, 2008. A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. In an LLP one partner is not responsible or liable for another partner's misconduct or negligence, this is an important difference from that of a unlimited partnership. In an LLP, all partners have a form of limited liability for each individual's protection within the partnership, similar to that of the shareholders of a corporation. However, unlike corporate shareholders, the partners have the right to manage the business directly. An LLP also limits the personal liability of a partner for the errors, omissions, incompetence, or negligence of the LLP's employees or other agents. Limited Liability Partnership is managed as per the LLP Agreement, however in the absence of such agreement the LLP would be governed by the framework provided in Schedule 1 of Limited Liability Partnership Act, 2008 which describes the matters relating to mutual rights and duties of partners of the LLP and of the limited liability partnership and its partners.
In an LLP, all partners have a form of limited liability for each individual's protection within the partnership, similar to that of the shareholders of a corporation. However, unlike corporate shareholders, the partners have the right to manage the business directly. An LLP also limits the personal liability of a partner for the errors, omissions, incompetence, or negligence of the LLP's employees or other agents.
Saving the life of the infamous rookie pirate, Captain Ruben Kirk, catapults Jessica Red into a sea of magic, jewel heists, and world-saving adventure.
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After years of watching pirates fighting with the king's navy off the coast of Harvest Island, Jessica Red saves the life of the infamous rookie pirate, Captain Ruben Kirk, and the two become fast friends. Little does she know, Ruben Kirk is only the first of three rookie pirates she'll meet during a whirlwind of sea-faring adventures - but when Jessica learns the corrupt King Mordred has plans to destroy her island home, can she convince them to help her save it?
("The Rookie Pirates" is Book 1 in "The Adventures of Jessica Red" trilogy.)
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