Sijo’s comments on the amendment to the LLP act being approved
-Sijo Kuruvilla George, the executive director at ADIF:
This is a welcome, founder-friendly development. The amendment will make Limited Liability Partnerships an even more attractive vehicle and Indian a more sought-after destination.
We at ADIF advocate for a similar progressive exercise being undertaken with respect to private limited companies as well, which will greatly benefit the startup ecosystem.
The move will help simplify the life of founders and exudes confidence in the government’s intent towards bringing about real of ease of doing business.
