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CSEET · Business Laws and Management · Elements of Law relating to Partnership and Limited Liability Partnership

Regarding the certificate of incorporation issued by the Registrar under the LLP Act, 2008, which statement is correct?

The certificate is conclusive evidence that the LLP is incorporated by the name specified in it. It is signed by the Registrar and authenticated by his official seal, and is issued within fourteen days when the filing requirements are complied with.

  1. AIt is conclusive evidence that the LLP is incorporated by the name specified in itCorrect
  2. BIt is only prima facie evidence of incorporation and can be disproved freely
  3. CIt must be issued within thirty days of filing
  4. DIt need not be signed by the Registrar

Explanation

Section 12(4) makes the certificate conclusive evidence of incorporation by the stated name. Section 12(1) gives fourteen days, not thirty, and section 12(3) requires the Registrar's signature and official seal.

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