S.8. Liabilities of designated partners.— Unless expressly provided otherwise in this Act, a designated partner shall be— (a) responsible for the doing of all acts, matters and things as are required to be done by the limited liability partnership in respect of compliance of the provisions of this Act including filing of any document, return, statement and the like report pursuant to the provisions of this Act and as may be specified in the limited liability partnership agreement; and (b) liable to all penalties imposed on the limited liability partnership for any contravention of those provisions.
Match Column I and Column II and choose the correct match from the given choice
Directions: Choose the combination that completes the sentences.
In the following question, two columns are given, containing three phrases each. A phrase from the first column may or may not connect with a phrase fr...
BUT
In each of the following questions, two columns are given containing three sentences/ phrases each. A sentence or phrase from the first column may or m...
Column (1) | In the following questions two columns are given. In column-I three sentences are given, each of them consisting of a blank which may or may not be fil... Relevant for Exams: |