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    Question

    Incorporation document of an LLP is provided under which

    section of LLP?
    A S. 10. Correct Answer Incorrect Answer
    B S.11. Correct Answer Incorrect Answer
    C S 12. Correct Answer Incorrect Answer
    D S. 13 Correct Answer Incorrect Answer
    E S. 14. Correct Answer Incorrect Answer

    Solution

    The provision regarding the Incorporation Document of a Limited Liability Partnership (LLP) is contained in Section 11 of the Limited Liability Partnership Act, 2008 . 1. What Section 11 Mandates (The Incorporation Document): For an LLP to be incorporated, two or more persons associated for carrying on a lawful business with a view to profit must:

    • Subscribe their names to an incorporation document.
    • File the document with the Registrar of the State where the registered office is to be situated.
    • File a Statement (made by an Advocate, CA, CS, or Cost Accountant engaged in the formation) confirming that all requirements of the Act have been complied with.
    2. Contents of the Incorporation Document: Under Section 11(2), this document must state:
    • The name of the LLP.
    • The proposed business of the LLP.
    • The address of the registered office.
    • The name and address of each partner and designated partner.

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