Question
Which statement about a designated partner in the
context of a Limited Liability Partnership is not true?Solution
LLP Act Section 7 In a Limited Liability Partnership there must be at least two designated partners, both of whom must be individuals, with at least one being a resident in India . The LLP agreement can specify the designated partners, or they can be chosen from among the partners. Before becoming a designated partner, an individual must give their consent to the LLP. The LLP must file the particulars of each designated partner with the registrar within 30 days of their appointment. Designated partners must also obtain a Designated Partner Identification Number from the Central Government.
Under which Article of the Indian Constitution is the āProtection against Self-Incriminationā provided for?Ā
A Private company can issue shares through___________
Which of the following Union Territory has Local legislature as per Art. 239 A of the Constitution?
According to the LLP Act a person may apply to the Registrar for the reservation of a name set out in the application as______________
When is the risk in goods deemed to have passed from the seller to the buyer in a sale of goods?
Who can investigate the cyber crime under IT Act?
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Which Section of Indian Evidence Act is founded on the doctrine laid down in āPickard v Searsā?
The document registration of which is optional have been dealt in: