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LLP

This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.

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December 27, 2020 at 1:41 am #600929
Noah098
Member
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Sir if a limited liability partnership undergoes insolvency then obviously its owners cannot be charged with the crime as owners are separate from LLP. So, how will the debts be repaid and who will be accountable for such mismanagement of funds?
December 27, 2020 at 11:09 am #600954
John Moffat
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Partnerships are not examinable in Paper FA.
I have asked you before, but you have not replied – why are you asking questions on Papers FA, AFM, FR, FM and SBR? You cannot possibly be taking all of these papers at the same time.
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