Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Kingsley Foods LLP is a limited liability partnership which exports food products such as rice, wheat and masala powders from India to France, Germany and
Kingsley Foods LLP is a limited liability partnership which exports food products such as rice, wheat and masala powders from India to France, Germany and Italy.
The partners reside in Gurgaon and operate in Europe with the help of contracted agencies.
Suppose one of its importers offers the partners an option to invest in agricultural land in France on their behalf, instead of making payments for the imported products.
Which Indian legal act will regulate this kind of transaction?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started