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      Question

      In an LLP out of the designated partners:

      A Atleast one should be subscribed to the incorporation document. Correct Answer Incorrect Answer
      B Atleast one should be an indian resident. Correct Answer Incorrect Answer
      C Atleast one should be a woman. Correct Answer Incorrect Answer
      D Atleast 2 should be indian residents. Correct Answer Incorrect Answer

      Solution

      Β  S. 7. Designated partners .β€” (1) Every limited liability partnership shall have at least two designated partners who are individuals and at least one of them shall be a resident in India.

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