If the number of partners in an LLP is reduced below 2 and LLP carried out business for more than 6 months_____.
LLP Act S. 6. Minimum number of partners. (1) Every limited liability partnership shall have at least two partners. (2) If at any time the number of partners of a limited liability partnership is reduced below two and the limited liability partnership carries on business for more than six months while the number is so reduced, the person, who is the only partner of the limited liability partnership during the time that it so carries on business after those six months and has the knowledge of the fact that it is carrying on business with him alone, shall be liable personally for the obligations of the limited liability partnership incurred during that period.
Amit invested Rs. 96,000 in two SIPs labeled 'P' and 'Q.' SIP 'P' offers an annual interest rate of (p - 3)%, and SIP 'Q' offers (p + 3)% interest, both...
An amount of 'a' is invested at an annual interest rate of 18% with simple interest, and another amount of 'a + 750' is invested at an annual interest...
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Rs.7800 is divided into two parts such that if one part be invested at 3% and the other at 5%, the annual interest from both the investments is Rs. 320....
if the interest is compounded half-yearly, calculate the amount when the principal is Rs.4000, the rate of interest is 22%.solve the question
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Simple interest on a sum of money for 2 years is 1/5th of the sum, then the interest received in 5 years on same principal will be what time of the prin...
A certain sum of money becomes 3 times of itself in 10 years at simple interest. In how many years does it become double of itself at the same rate of s...
Shivam invested 20000 at 12% p.a. simple interest for ‘x’ months. If at the end of ‘x’ months, he received a total amount of Rs.23200. What is t...