Multiple choice

Limited liability partnership is regulated under provisions of which of the following acts?

  1. Indian Partnership Act

  2. Companies Act

  3. Indian Contract Act

  4. None of the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Limited Liability Partnership Act, 2008 was enacted by the Parliament of India to introduce and legally sanction the concept of LLP in India. Thus, option 4 is the correct answer.