alleryStart learning →A foreign LLP under the Act is one formed outside India that does what?
AHolds shares in an Indian LLP
BSells goods to Indian buyers
CSets up a business place in India
DIs wound up by an Indian court
Answer & Solution
Correct answer: C. Sets up a business place in India
An LLP formed or registered abroad becomes a foreign LLP when it establishes a place of business within India.
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