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HomeCA IntercorporatelawsLLP Partner Type › A 'partner' in an LLP can be:

A 'partner' in an LLP can be:

Answer & Solution
Correct answer: B.
1. Section 5 of LLP Act — partner can be an individual OR a body corporate (companies, LLPs, foreign LLPs). 2. However, designated partners must include at least one resident-individual. 3. Hence (B). _Source: ICAI BoS CA Inter Paper 2 — Limited Liability Partnership Act 2008_
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