Question

As per the LLP Act any change in the partners of a

Q: Answer-As per the LLP Act any change in the partners of a limited liability partnership _____________

Section 3. Limited liability partnership to be body corporate 1 A limited liability partnership is a body corporate formed and incorporated under this Act and is a legal entity separate from that of its partners. 2 A limited liability partnership shall have perpetual succession. 3 Any change in the partners of a limited liability partnership shall not affect the existence, rights or liabilities of the limited liability partnership.

limited liability partnership _____________

A Shall affect the existence, rights or liabilities of the limited liability partnership

B Shall not affect the existence, rights or liabilities of the limited liability partnership

C May affect the existence, rights or liabilities of the limited liability partnership

D Shall not affect its existence but rights or liabilities of the limited liability partnership shall be affected

E Might affect the existence, rights or liabilities of the limited liability partnership depending on the terms of the agreement

Practice Next

More Administrative Interpretation and Maxims Questions

Sanwariya Seth Temple, recently seen in the news, is located in:
Where is the World Bank headquarters located?
Which virus serves as the carrier of iNCOVACC?
Third Education Policy was recommended by which committee?
Which is the largest national park in India?
How many posthumous gallantry awards were conferred during Defence Investiture Ceremony 2025 (Phase-I)?
In which year Sri Dev Suman University was established in Uttarakhand?
Which Indian state government has launched the Mukhyamantri Seekho-Kamao Yojana to empower the youth?
Which type of cell division is responsible for the production of gametes?
When was the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) launched, and which ministry oversees it?

As per the LLP Act any change in the partners of a

Solution