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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?

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