UGC NET Limited Liability Partnership Act Previous Year Questions
JRFSmart holds 11 previous-year questions on Limited Liability Partnership Act from UGC NET Commerce (Paper 2), filed under Unit 9: Legal Aspects of Business, drawn from 8 of the 22 exam papers in the bank (2022–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in Limited Liability Partnership Act
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Incorporation of an LLP | 2 |
| Petition for winding up | 1 |
| Salient features of an LLP | 1 |
| Maximum number of partners | 1 |
| Who can be a member of an LLP | 1 |
| Schedules to the LLP Act | 1 |
| Compliance requirements | 1 |
| Designated members | 1 |
| Winding up of an LLP | 1 |
NTA repeat analysis
Limited Liability Partnership Act appears in 8 of 22 papers (36%), which JRFSmart rates as high frequency.
2 questions in this topic have been verified as repeated in more than one paper.
Sample previous-year questions
Which one of the following is not valid as per the Limited Liability Partnership Act 2008?
Out of the following statements, which are not true in respect of a Limited Liability Partnership? A. There must be at least one 'Designated member' at all times. B. Designated members do not have the same rights and duties as any other member. C. There is…
Arrange the following steps of incorporation of a new Limited Liability Partnership (LLP) in the proper sequence: A. Reserve LLP Name B. Preparation of Documents for Incorporation of LLP C. Procure Digital Signature Certificate D. LLP Incorporation and DIN…
Arrange the following steps involved in the process of Voluntary Liquidation of a Limited Liability Partnership in correct order: A. Declaration of Solvency B. Designated Partners' Meeting C. Partners' Meeting D. Identification of an Insolvency Professional…
Who can file a petition to the Tribunal for the Winding up of a Limited Liability Partnership? A. Secured Creditors B. LLP or any of its Partners C. Registrar of Companies D. Any person authorised by the Central Government E. Any Voluntary Association Choose…
Which of the following points are considered as salient features of Limited Liability Partnership (LLP)? A. LLP is a body corporate B. LLP is a legal entity separate from its partners C. LLP does not enjoy perpetual succession D. Partners of LLP have…
Arrange the following steps for the Incorporation of a new LLP (Limited Liability Partnership) in the correct order: A. Drafting of LLP Agreement B. Deciding the partners and designated partners C. Electronic filing of documents with ROC & issuing of…
The maximum number of partners in a Limited Liability Partnership can be:
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Practise Limited Liability Partnership Act
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