Concept:
Lacing bars are provided in built-up steel columns to connect the individual components and ensure that they act as a single unit.
According to IS 800:2007, the slenderness ratio of lacing bars should not exceed
\[
\boxed{1}
\]
This limitation prevents excessive buckling of the lacing members.
Step 1: Understand the purpose of lacing bars.
Lacing bars provide stability by transferring shear between the individual members of a built-up column.
They ensure that all components deform together under loading.
Step 2: Apply the IS code provision.
As per IS 800:2007,
\[
\boxed{\lambda_{\max}=1}
\]
Hence, the maximum permissible slenderness ratio is
\[
1
\]
Therefore, the correct option is
\[
\boxed{(B)\;1}
\]