CS Executive · Setting Up of Business, Industrial and Labour Laws · Limited Liability Partnership
Once the Registrar registers the incorporation document of Kaveri Traders LLP and issues the certificate, what is the legal effect of that certificate under the LLP Act, 2008?
The certificate of incorporation is conclusive evidence that the LLP is incorporated by the name specified in it. It is not merely prima facie proof, so it cannot be rebutted on grounds of incorporation formalities.
- AIt is prima facie evidence only, open to rebuttal
- BIt is conclusive evidence that the LLP is incorporated by the name specified thereinCorrect
- CIt is valid only until the LLP agreement is filed
- DIt is evidence of incorporation but not of the name
Explanation
Section 12(4) states the certificate is conclusive evidence that the LLP is incorporated by the name specified in it. It is not merely prima facie, and its effect does not depend on filing the LLP agreement.
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