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What is the requirement for the number of designated partners in a limited liability partnership (LLP)?
  • a)
    At least one designated partner who is a resident of India
  • b)
    At least two designated partners who are residents of India
  • c)
    At least one designated partner
  • d)
    At least two designated partners, one of whom should be a resident of India
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the requirement for the number of designated partners in a lim...
Every limited liability partnership must have at least two designated partners, and at least one of them must be a resident of India.
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What is the requirement for the number of designated partners in a limited liability partnership (LLP)?a)At least one designated partner who is a resident of Indiab)At least two designated partners who are residents of Indiac)At least one designated partnerd)At least two designated partners, one of whom should be a resident of IndiaCorrect answer is option 'D'. Can you explain this answer?
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What is the requirement for the number of designated partners in a limited liability partnership (LLP)?a)At least one designated partner who is a resident of Indiab)At least two designated partners who are residents of Indiac)At least one designated partnerd)At least two designated partners, one of whom should be a resident of IndiaCorrect answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the requirement for the number of designated partners in a limited liability partnership (LLP)?a)At least one designated partner who is a resident of Indiab)At least two designated partners who are residents of Indiac)At least one designated partnerd)At least two designated partners, one of whom should be a resident of IndiaCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the requirement for the number of designated partners in a limited liability partnership (LLP)?a)At least one designated partner who is a resident of Indiab)At least two designated partners who are residents of Indiac)At least one designated partnerd)At least two designated partners, one of whom should be a resident of IndiaCorrect answer is option 'D'. Can you explain this answer?.
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