Salient Features of LLP Act, 2008 Quiz
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Salient Features of LLP Act, 2008 Quiz

Created by
@RelaxedPanFlute

Questions and Answers

Which legislation prevails for Partnership entities?

The Indian Partnership Act, 1932

What is the minimum capital required for a Limited Liability entity?

No minimum amount

How long does the registration process take for a Private Limited Company?

7-10 days

What is the naming requirement for a Limited Liability Partnership (LLP)?

<p>Name to contain 'Limited Liability Partnership' as suffix</p> Signup and view all the answers

Is registration optional for a Partnership entity?

<p>Yes, registration is optional</p> Signup and view all the answers

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