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LLP is a body corporate and a legal entity separate from its partners. The Limited Liability Partnership Act 2008 has been notified with effect from 31 March 2009. In an LLP each member is protected from personal liability, except to the extent of their capital contribution in the LLP. Indian Partnership Act, 1932 is not applicable to LLPs and there is no upper limit on number of partners in an LLP unlike an ordinary partnership firm where the maximum number of partners cannot exceed 20.
The IMF and the World Bank were conceived as institutions to-
Which of the following days is known as ‘GST Day’?
__________ is going to set up a branch office in the International Financial Services Centre, GIFT City, Gandhinagar, Gujarat that will enable the com...
Which of the following Statements about the DICGC is/are True?
I- Deposit Insurance and Credit Guarantee Corporation (DICGC) is a wholly owned...
TReDS is the acronym for which of the following?
Which is correct about Union Budget 2017?
i. The government targets to bring 1 crore households out of poverty ...
Reserve Bank of India has cancelled the license of Independence Co-operative Bank Ltd. It is based at ________________.
What is the theme of RBI’s recently announced third cohort of Regulatory Sandbox?
National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme. NPS is regulated by?
RBI recently approved ____________________ for commencing international (Cross Border) remittance business under the Money Transfer Service Scheme (MTSS).