Question

Under which section of the LLP Act relationship of partners is discussed?

A Section 23 Correct Answer Incorrect Answer
B Section 20 Correct Answer Incorrect Answer
C Section 33 Correct Answer Incorrect Answer
D Section 43 Correct Answer Incorrect Answer

Solution

LLP Agreement is a very important document governing the relationship between the LLP and its partners and the partners inter se. The LLP Agreement can be executed after the name availability and before its formation. The stamp duty on LLP Agreement is to be paid as per the relevant State Stamp Act.

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