Which of the following is specifically included within the definition of "person" under the Banning of…
Section 2(10) expressly lists "a limited liability partnership" among the bodies included in "person", alongside individuals, Hindu Undivided Families, companies, trusts,…
Choose your answer
Which of the following is specifically included within the definition of "person" under the Banning of Unregulated Deposit Schemes Act, 2019?
Answer and explanation
Correct answer A
Section 2(10) expressly lists "a limited liability partnership" among the bodies included in "person", alongside individuals, Hindu Undivided Families, companies, trusts, firms and co-operative societies. Trade unions, diplomatic missions and political parties are not named in the list.