Economics · Legal Aspects of Business
Arrange the following steps involved in the process of Voluntary Liquidation of a Limited Liability Partnership (LLP) in the correct sequential order. A. Declaration of Solvency B. Designated Partners' Meeting C. Partners' Meeting D. Identification of an Insolvency Professional as liquidator E. Filing of resolutions with Registrar of Companies and Insolvency and Bankruptcy Board of India (IBBI) Choose the correct answer from the options given below:
- 1E, D, C, B, A
- 2A, D, B, C, E✓
- 3C, B, D, A, E
- 4A, B, C, D, E
Correct answer
A, D, B, C, E
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Legal Aspects of Business?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Legal Aspects of Business