Podcast
Questions and Answers
What is the purpose of the certificate issued under clause (b) of sub-section (1)?
What is the purpose of the certificate issued under clause (b) of sub-section (1)?
- To verify that all communications and notices are received by the LLP
- To serve as evidence of the LLP's registered office location
- To authenticate the name under which the LLP is incorporated
- To provide conclusive evidence of the LLP's incorporation (correct)
How can a document be served on a LLP or its partners?
How can a document be served on a LLP or its partners?
- By hand delivering it to the LLP's registered office
- By verbally communicating the document to the LLP's partners
- By sending it through email
- By sending it by post under a certificate of posting or registered post (correct)
What does the Registrar's signature on the certificate authenticate?
What does the Registrar's signature on the certificate authenticate?
- The LLP's registered office location
- The compliance with clause (a) of subsection (1) (correct)
- The certificate's date of issue
- The authenticity of the LLP's name
What happens if an LLP changes its registered office without filing the required notice with the Registrar?
What happens if an LLP changes its registered office without filing the required notice with the Registrar?
Which section deals with the Registered Office of an LLP and the procedures for changing it?
Which section deals with the Registered Office of an LLP and the procedures for changing it?
What must be done for a change in an LLP's registered office to take effect?
What must be done for a change in an LLP's registered office to take effect?
What is the extent of liability of a partner in a Limited Liability Partnership (LLP) as per Section 28?
What is the extent of liability of a partner in a Limited Liability Partnership (LLP) as per Section 28?
Under what circumstances is a Limited Liability Partnership (LLP) bound by actions of a partner, according to Section 27?
Under what circumstances is a Limited Liability Partnership (LLP) bound by actions of a partner, according to Section 27?
In a Limited Liability Partnership (LLP), who is considered as the agent of the LLP?
In a Limited Liability Partnership (LLP), who is considered as the agent of the LLP?
What could make a Limited Liability Partnership (LLP) not liable for a partner's actions as per Section 27?
What could make a Limited Liability Partnership (LLP) not liable for a partner's actions as per Section 27?
What defines the liabilities of a Limited Liability Partnership (LLP) according to the text?
What defines the liabilities of a Limited Liability Partnership (LLP) according to the text?
How does Section 28 affect the personal liability of partners in a Limited Liability Partnership (LLP)?
How does Section 28 affect the personal liability of partners in a Limited Liability Partnership (LLP)?
What happens once a limited liability partnership is registered?
What happens once a limited liability partnership is registered?
What does the establishment of a place of business by a foreign LLP in India involve?
What does the establishment of a place of business by a foreign LLP in India involve?
How is a limited liability partnership (LLP) name determined?
How is a limited liability partnership (LLP) name determined?
What is the consequence for a firm or company after its registration as an LLP?
What is the consequence for a firm or company after its registration as an LLP?
What does the provision for foreign LLPs establishing a place of business in India allow for?
What does the provision for foreign LLPs establishing a place of business in India allow for?
How are tangible and intangible property handled when transferring to an LLP?
How are tangible and intangible property handled when transferring to an LLP?
Who can apply for a meeting of creditors or partners in the case of a compromise or arrangement involving a limited liability partnership?
Who can apply for a meeting of creditors or partners in the case of a compromise or arrangement involving a limited liability partnership?
In what situations can a compromise or arrangement be proposed for a limited liability partnership?
In what situations can a compromise or arrangement be proposed for a limited liability partnership?
Who has the authority to order a meeting of creditors or partners in relation to a compromise or arrangement for a limited liability partnership?
Who has the authority to order a meeting of creditors or partners in relation to a compromise or arrangement for a limited liability partnership?
What is the primary purpose of calling a meeting of creditors or partners in cases of compromise or arrangement for a limited liability partnership?
What is the primary purpose of calling a meeting of creditors or partners in cases of compromise or arrangement for a limited liability partnership?
When can a meeting of creditors be ordered by the Tribunal for a limited liability partnership?
When can a meeting of creditors be ordered by the Tribunal for a limited liability partnership?
What is the liability of partners in a limited liability partnership (LLP)?
What is the liability of partners in a limited liability partnership (LLP)?
Under the LLP Act, who are the creditors of the LLP?
Under the LLP Act, who are the creditors of the LLP?
Can a creditor claim directly from the partners' personal assets in an LLP?
Can a creditor claim directly from the partners' personal assets in an LLP?
What does Section 15 of the LLP Act regulate?
What does Section 15 of the LLP Act regulate?
Can Mr. Mudit claim his deficiency of `3,00,000 from the partners of Devi Ram Food Circle LLP?
Can Mr. Mudit claim his deficiency of `3,00,000 from the partners of Devi Ram Food Circle LLP?
What is the consequence if an LLP is registered with an identical name to another entity?
What is the consequence if an LLP is registered with an identical name to another entity?