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Question

LLP shall have atleast ___ Partners

A
2
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B
4
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C
3
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D
5
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Solution

The correct option is A 2
An LLP need to have atleast two designated partners (DPs) who was responsible for working of an LLP. The designated partners need to have DIN or DPIN. So if the LLP has 3 partners out of which 2 are DPs, each one of the DPs needs to have a DIN / DPIN. To start an LLP, you require at least two partners.

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