Who can become a partner in a Limited Liability Partnership?
When LLP is incorporated the persons who subscribe their names to the incorporation document are considered as its first partners and any person may become partner in the LLP as per the LLP Agreement. Further, for the formation of LLP there must be at least two persons either natural or artificial and there is no restriction on the maximum number of partners. However, in case any body corporate is a partner then in that case it is required to nominate any person (natural) as its nominee for the purpose of LLP.
A type of prospectus issued by companies making multiple issues of securities for raising funds is called:
Consider the following statements with reference to Central Bank Digital Currency (CBDC):
I. The digital fiat currency or CBDC can be transact...
Which is the biggest International Financial Services Centres in the globe?
According to the NSO, the Nominal GDP or GDP at Current Prices in Q1 2022-23 is showing the growth of ____ %.
NaBFID will be set up as a corporate body with authorised share capital of?
The Reserve Bank of India (RBI) doubled the limit for collateral-free loans to micro and small enterprises (MSEs) from 5 lakhs to 10 lakhs following whi...
What is the enhanced limit for housing loans (for repairs and renovations) in the metropolitan cities in case of Primary (Urban Cooperative Banks)
Which country becomes the first outside Asia to issue cards using RuPay technology?
Under the MSMED Act, 2006, what is the interest rate that a buyer must pay to an MSME supplier if payment is delayed beyond the agreed date?
Which of the following term is used when net borrowing ceiling for states has been fixed at 4% of the projected GSDP for FY 2021-22?
