Arrange the following steps of incorporation of a new Limited Liability Partnership in proper sequence:…
The statutory sequence for incorporating a new Limited Liability Partnership (LLP) in India begins with procuring Digital Signature Certificates (DSC) for the proposed…
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Arrange the following steps of incorporation of a new Limited Liability Partnership in proper sequence:
A. Reserve LLP Name
B. Preparation of Documents for Incorporation of LLP
C. Procure Digital Signature Certificate
D. LLP Incorporation and DIN Application and apply for PAN and TAN
E. Drafting and filling LLP Agreement
Answer and explanation
Correct answer C
The statutory sequence for incorporating a new Limited Liability Partnership (LLP) in India begins with procuring Digital Signature Certificates (DSC) for the proposed designated partners, followed by reserving the LLP Name (via RUN-LLP), preparing the incorporation documents and subscriber sheets, filing the integrated incorporation form (FiLLiP) for LLP incorporation, DPIN/DIN allotment, and PAN/TAN, and finally drafting and filing the LLP Agreement (Form 3) within 30 days of incorporation.
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UGC NET Commerce