what is a llp company
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore exhibits elements of partnerships and corporations.In an LLP, one partner is not responsible or liable for another partner's misconduct or negligence.haracteristics of LLP. 1.Separate legal entity: Like a company LLP also has a separate Legal Entity. So the partners and the LLP in are distinct from each other.This is like a company where members are different from the company.