New Master Descriptive Writing with our RBI One-Month Batch!
Register

Question

As per the provisions of the LLP Act how can a firm convert into a limited liability partnership?

A In accordance with the provisions of Chapter X and the Second Schedule of the LLP Act Correct Answer Incorrect Answer
B In accordance with the provisions of Chapter X and the Third Schedule of the LLP Act Correct Answer Incorrect Answer
C In accordance with the provisions of Chapter IX and the Second Schedule of the LLP Act Correct Answer Incorrect Answer
D In accordance with the provisions of Chapter XII and the Fifth Schedule of the LLP Act Correct Answer Incorrect Answer
E In accordance with the provisions of Chapter X of the LLP Act of the LLP Act Correct Answer Incorrect Answer

Solution

Section 55.   Conversion from firm into limited liability partnership: A firm may convert into a limited liability partnership in accordance with the provisions of this Chapter and the Second Schedule.

Practice Next
×
×