Question

    Under Section 47 of the LLP Act, 2008, the determination

    of disputes between partners of an LLP must be decided within a period of: 
    A 30 days Correct Answer Incorrect Answer
    B 45 days Correct Answer Incorrect Answer
    C 60 days Correct Answer Incorrect Answer
    D 90 days Correct Answer Incorrect Answer
    E No fixed time Correct Answer Incorrect Answer

    Solution

    Section 47 does not specify a fixed time limit for resolving disputes between partners; it depends on the mutual agreement or arbitration mechanism [Section 47].

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