What is the statutory requirement regarding the minimum and maximum number of partners in a Limited Liability Partnership (LLP) under the LLP Act, 2008?

Question

Law · Corporate Law

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Share:

Correct answer

A minimum of 2 partners and no upper maximum limit

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Corporate Law?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Law · Corporate Law

The Dandi March, also known as the Salt Satyagraha, was led by which influential leader?

Which act formally granted independence to India, marking the end of British rule?

Who was the key figure in establishing the Indian National Congress?

Answer 1

A minimum of 2 designated partners and maximum 50 partners

Answer 2

A minimum of 2 partners and no upper maximum limit

Answer 3

A minimum of 3 partners and a maximum of 7 partners

Answer 4

A minimum of 2 partners and a maximum of 20 partners

Related Practice Questions