What is a foreign LLP under the LLP Act, 2008?
AIndian LLP with a branch office abroad
BLLP formed in India with foreign capital
CLLP formed abroad with an Indian place of business
DLLP formed in India with foreign partners
Answer & Solution
Correct answer: C. LLP formed abroad with an Indian place of business
A foreign LLP is one formed, incorporated or registered outside India that sets up a place of business in India.
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