Glossary of M1 NXT

Limited Liability Partnership

A Limited Liability Partnership (LLP) is a business structure that combines the operational flexibility of a partnership with the legal and financial protections associated with incorporated entities. Under the Limited

Board Resolution

A Board Resolution is a formal, legally recognised decision passed by the Board of Directors of a company under the Companies Act, 2013. In essence, it serves as the official

Overseas Buyer

An Overseas Buyer is an entity located outside the exporter’s domestic jurisdiction that purchases goods or services under a cross-border commercial contract. Transactions with overseas buyers are typically executed under