The process of incorporation of LLP involves three steps. They are______.

Solution

The very process of incorporation involves the reservation or the selection of the name of the LLP and should be decided by the persons intending to incorporate LLP. LLP should not be registered with an undesirable name or a name which is identical or nearly resembles that of any other partnership firm or an LLP or a body corporate or a registered trade mark or a trade mark, the application of which is pending. Further, applicant needs to file e-Form 2 for the purpose of incorporation and finally execute the LLP Agreement which is mandatory for the incorporation of LLP