Law · Limited Liability Partnership Act
Match LIST-I with LIST-II: LIST-I (Aspect of Contribution) A. Statutory minimum capital requirement B. Permitted capital contributions by partners C. Specification of each partner's contribution D. Scope of contributions outlined in Chapter V LIST-II (Rule / Details) I. Legally defined by the LLP Agreement II. Includes both monetary and non-monetary contributions III. Partners are free to contribute varying amounts IV. Absent in a Limited Liability Partnership Choose the correct answer from the options given below:
- 1A-II, B-I, C-IV, D-III
- 2A-IV, B-II, C-I, D-III
- 3A-IV, B-III, C-I, D-II✓
- 4A-III, B-IV, C-II, D-I
Correct answer
A-IV, B-III, C-I, D-II
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