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Partners.
5. Any individual or body corporate may be a partner in a limited liability partnership: Provided that an individual shall not be capable of becoming a partner of a limited liability partnership, if-
( a) he has been found to be of unsound mind by a Court of competent jurisdiction and the finding is in force;
( b) he is an undischarged insolvent; or
( c) he has applied to be adjudicated as an insolvent and his application is pending. |