For how long may the Registrar reserve an approved name under section 16(2) of the Limited Liability Partnership Act, 2008?
Question and options
For how long may the Registrar reserve an approved name under section 16(2) of the Limited Liability Partnership Act, 2008?
6 months
2 months
3 months
1 month
Answer and explanation
Correct answer: C - 3 months
Section 16(2) of the Limited Liability Partnership Act, 2008 lets the Registrar reserve an approved name for three months from the date of the Registrar's intimation. The same period applies whether the name is for a proposed LLP or for an existing LLP changing its name.
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