Arrange the following process of incorporation of a new LLP in proper sequence. A. Reserve LLP name B.…
The partners first obtain Digital Signature Certificates (B), because every filing is signed digitally, and then reserve the LLP name (A). The incorporation documents are…
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Arrange the following process of incorporation of a new LLP in proper sequence.
A. Reserve LLP name
B. Procure Digital Signature Certificate
C. Prepare documents for incorporation of LLP
D. LLP incorporation and DIN Application
E. Drafting and Filling LLP Agreement
F. Apply for PAN and TAN
Answer and explanation
Correct answer C
The partners first obtain Digital Signature Certificates (B), because every filing is signed digitally, and then reserve the LLP name (A). The incorporation documents are prepared (C), the incorporation form is filed with the DIN application for designated partners (D), and PAN and TAN are applied for (F). The LLP Agreement is then drafted and filed (E) within 30 days of incorporation, so it comes last.
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UGC NET Commerce