The legal notice is essentially a formal document served to the individual for the course of initiating the legal proceeding against the concern if the demands mentioned in the notice are not fulfilled. Therefore, the object of serving the legal notice is to notify the party concerned about the intention of initiating the legal suit against the same, hence, making the other party aware of the grievance. It is the procedure that legalizes bringing the case to court.

In India, the options for conducting business were always a company, a sole proprietorship, or a partnership. A new corporate form that would serve as an alternative to these was deemed to be necessary given the expansion of the Indian economy. We looked at a new type of business organisation called a “Limited Liability Partnership” because of the limitations of partnerships and the rigidity of company forms of business.

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