Question
Who can become a partner in a Limited Liability
Partnership?Solution
When LLP is incorporated the persons who subscribe their names to the incorporation document are considered as its first partners and any person may become partner in the LLP as per the LLP Agreement. Further, for the formation of LLP there must be at least two persons either natural or artificial and there is no restriction on the maximum number of partners. However, in case any body corporate is a partner then in that case it is required to nominate any person (natural) as its nominee for the purpose of LLP.
Which of the following is NOT an example of a noble gas?Â
What is the repo rate as maintained by the RBI in the October 2025 Monetary Policy Report?
What is the minimum number of followers required for content creators to participate in NECA 2025?
With reference to ‘Old Pension Scheme’, consider the following statements:
I. Employees get a pension under a pre-determined formula which is...
Which country became the first to import 40 megawatts of electricity from Nepal via India's power grid, as part of a trilateral agreement in 2024?
Electric mobility startup Zypp Electric is planning to deploy 1-lakh electric scooters in collaboration with Zomato for last-mile delivery by _________.
__________ and Reserve Bank Innovation Hub (RBIH) have come together to focus their efforts on enhancing the reach of financial solutions to large secti...
Consider the following statements about the Pradhan Mantri Awaas Yojana- urban (PMAY-U):
       I.           It was Implement...
What is the objective of the SHRESHTA (Residential Education for Students in High Schools in Targeted Areas) scheme recently approved by the government?
India's coal dispatch to power plants grew by what percentage in FY25?
Relevant for Exams:
