Home › CA Inter › law › The Limited Liability Partnership Act 2008 › An existing partnership firm or a private compan…
An existing partnership firm or a private company may be ___ into an LLP as per the Act:
Anationalised
Bdissolved only
Cconverted
Dmerged automatically
Answer & Solution
Correct answer: C. converted
A firm or private company can be converted into an LLP.
Related questions
A key advantage of an LLP over a traditional partnership is the ___ of its partners:On incorporation, the Registrar issues a ___ to the LLP:A body corporate ___ be a partner in an LLP:An LLP is administered in India by the office of the:The internal governance and profit-sharing of an LLP are primarily decided by the:If the number of partners of an LLP falls below two and it carries on business for more thThe LLP combines features of a company and a:A change in the partners of an LLP does ___ affect its existence, rights or liabilities: