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.
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Before servicing, a car runs at a speed of 25 km/hr while after servicing, it runs at a speed of 50 km/h. After servicing the car covers a certain dista...
If x2 - 3x + 2 is a factor of, x4 - px2 + q, then (p, q) =
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If (a - b - c) = 6, and (ab - bc + ca) = 117, then find the value of (a 2 Â + b 2 Â + c 2 )
Average marks scored by Vineet in five subjects are 60. The average marks scored by him (excluding his highest and lowest marks) are 50 and lowest marks...