The question (10 marks)
What is a limited liability partnership agreement? What governs the relations of partners where there is no such agreement, or where it is silent? (10 marks)
MU Module II, partners and their relations, and contributions; chapter on designated partners, liability and the LLP agreement.
Plan your answer on paper before you look at the authorities — issue first, then the rule, then apply it to these facts.
It tests Unit 2 · The Limited Liability Partnership Act, 2008 of Contract – II.
Authorities you will need
- Sections 5, 22 and 24 of the Limited Liability Partnership Act 2008, on who may be and how one becomes and ceases to be a partner
- Sections 9 to 33 of the Indian Partnership Act 1932, which the First Schedule largely reproduces as implied terms
How an answer is marked
A full-marks answer names the issue in one line, states the rule with its section, cites the authority, applies it to these facts and concludes — in that order. The app's model answer for this question is written in exactly that shape, with a checklist to mark your own attempt against.