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      Question

       What is the maximum number of partners allowed in a Limited Liability Partnership (LL

      • P in India?
      A 20 partners maximum Correct Answer Incorrect Answer
      B 50 partners maximum Correct Answer Incorrect Answer
      C 100 partners maximum Correct Answer Incorrect Answer
      D There is no maximum limit on the number of partners Correct Answer Incorrect Answer
      E 200 partners maximum Correct Answer Incorrect Answer

      Solution

      In India, a Limited Liability Partnership (LLP) does not have a maximum limit on the number of partners it can have. This allows LLPs greater flexibility compared to traditional partnership firms.

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