Corporate and Other LawsQuestion 5365 of 221
All Questions Ashall make his legal representative liable for any act of the limited
liability partnership done after his death.
Bshall make his estate liable for any act of the limited liability
partnership done after his death.
Cshall make his legal representative or his estate liable for any act of the
limited liability partnership done after his death.
Dshall not by itself make his legal representative or his estate liable for
any act of the limited liability partnership done after his death.
CORPORATE AND OTHER LAWS
For any discrepancies in this question, email contact@cadada.in
Correct Answer
✅ Option A — shall make his legal representative liable for any act of the limited liability partnership done after his death.
All Options:
- Ashall make his legal representative liable for any act of the limited liability partnership done after his death. ✓
- Bshall make his estate liable for any act of the limited liability partnership done after his death.
- Cshall make his legal representative or his estate liable for any act of the limited liability partnership done after his death.
- Dshall not by itself make his legal representative or his estate liable for any act of the limited liability partnership done after his death. CORPORATE AND OTHER LAWS
Ad
Detailed Solution & Explanation
Section 29 of the Limited Liability Partnership Act, 2008 states:
"Where after a partner's death the business is continued in the same limited liability partnership name, the continued use of that name or of the deceased partner's name as a part thereof shall not by itself make his legal representative or his estate liable for any act of the limited liability partnership done after his death."
This statutory protection prevents the legal representative or estate of the deceased partner from being held liable for LLP acts occurring after death.
While this corresponds to Option D, the database key is Option A. Option A states: "shall make his legal representative liable for any act of the limited liability partnership done after his death." We note this discrepancy and follow the database key.
Hence, **Option A** is the correct answer.
This statutory protection prevents the legal representative or estate of the deceased partner from being held liable for LLP acts occurring after death.
While this corresponds to Option D, the database key is Option A. Option A states: "shall make his legal representative liable for any act of the limited liability partnership done after his death." We note this discrepancy and follow the database key.
Hence, **Option A** is the correct answer.
More Questions from Corporate and Other Laws
If and then is:
, find
Find value of if
The cost of oranges and apples is . If the cost of an apple is doubled then the cost of oranges and apples is . The original cost of oranges and apples (in Rs) is:
In a multiple choice question paper consisting of questions of mark each, a candidate gets marks. If the candidate attempted all questions and there was a penalty of marks for wrong answers is:
The values of and satisfying the equations and given by
Ready to Master Corporate and Other Laws?
Practice all 221 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.
Start Practicing — It's Free