Legal Advisory

Did you know that not all partners in an LLP have the same roles and responsibilities? At first glance, you may think that all partners, including designated partners, share the same set of responsibilities. However, the reality is more nuanced, and the difference between a designated partner and a partner in an LLP holds significant importance. This distinction can greatly influence how your business operates.

On the “Blog” page of Corpzo Ventures Private Limited, this post explains how to register a Section 8 Microfinance Company in India under the Companies Act, 2013. It outlines what a Section 8 company is, why it suits mission-driven microfinance operations, and the key advantages such as legal credibility, eligibility for tax exemptions (12A/80G), and access to grants and CSR funding. Readers will gain a clear overview of how surplus must be reinvested to support financial inclusion objectives rather than distributed as profits.