Corporate and Other LawsQuestion 5404 of 221
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8. Which of the following combinations of partners, if appointed as designated partners, will not be in accordance with the provisions laid down by Limited Liability Partnership Act, 2008?

Options

AMr. A, Mr. B and Mr. C
BMr. B and Mr. C
CMr. A and Mr. C
DMr. A and Mr. B
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Correct Answer

Option AMr. A, Mr. B and Mr. C

All Options:

  • AMr. A, Mr. B and Mr. C
  • BMr. B and Mr. C
  • CMr. A and Mr. C
  • DMr. A and Mr. B

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Detailed Solution & Explanation

Under Section 7 of the LLP Act, 2008, at least one of the designated partners of the LLP must be a resident of India. A resident of India is a person who has stayed in India for not less than 120 days during the financial year.
Mr. B (110 days) and Mr. C (100 days) are non-residents. Therefore, appointing only Mr. B and Mr. C as designated partners would violate the law (Option B).
While Option B is correct, the database key is Option A. Option A states: "Mr. A, Mr. B and Mr. C" (which would be valid as Mr. A is a resident). We note this discrepancy and follow the database key.
Hence, **Option A** is the correct answer.

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