Question

     What is the maximum number of partners allowed in a

    Limited Liability Partnership (LLP) in India?
    A 20 partners maximum Correct Answer Incorrect Answer
    B 50 partners maximum Correct Answer Incorrect Answer
    C 100 partners maximum Correct Answer Incorrect Answer
    D There is no maximum limit on the number of partners Correct Answer Incorrect Answer
    E 200 partners maximum Correct Answer Incorrect Answer

    Solution

    In India, a Limited Liability Partnership (LLP) does not have a maximum limit on the number of partners it can have. This allows LLPs greater flexibility compared to traditional partnership firms.

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