Dual purpose role of LLPs

As pointed out by your editorial (?Unlimited opportunity?, May 5), limited liability partnerships (LLPs) will serve the dual purpose of limiting of liability to the sum committed and doing away with procedural hassles associated with listed companies. Hopefully, the LLP Bill will get parliamentary approval without further delay.

?Vijay Mullaji

Pension reforms

Indeed, the EPFO is in a mess (?System sclerosis?, May 7). The accounting system, enforcement and collection management, etc are appalling and the default figures mindboggling. Instead of fighting over the interest rate, trade unions should press for strict action against defaulters. The government can?t afford any delay on pension reforms.

?Jacob Sahayam, Thiruvananthapuram

Read Next

Who is Alexandr Wang? The 28-year-old hired for 14 billion US dollar by Mark Zukerberg to lead Meta superintelligence labs

Singer Palak Muchhal enters Guinness Book of Records, uses her gift of singing for this heartfelt cause

‘I’m done’: Employee shares struggle with 14-hour days, says ‘my lead expects me to reply at 2:45 am’

Dual purpose role of LLPs

As pointed out by your editorial, LLPs will serve the dual purpose of limiting of liability to the sum committed and doing away with procedural hassles associated with listed companies.