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.
Consider the following Statements about PLFS and choose the option with correct Statements.
(I)- PLFS estimates the key employment and unemplo...
Which of the following Schemes aim at Poverty Alleviation?
According to the Economic Survey 2024–25, India’s real GDP growth projection for FY26 lies between:
What is the "Mission LiFE" mentioned during the summit?
Who is the chairperson of the Advisory Committee on National Account Statistics (ACNAS) formed for guiding methodological improvements?
'Mission Shakti' was launched during the 15th Finance Commission period 2021-22 to ______.
Consider the following Statements about National Health Mission           and choose the option with correct Statements.
(1) The N...
Which of the following statement is not true about the scheme mentioned in the passage?
I. It aims to develop infrastructure in 500 cities
Under Mission Vatsalya, the support is extended to which of the following Non-Institutional Care?
FASTag is implemented by Indian Highways Management Company Limited (IHMCL) & _____________________.
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