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Llp contribution and sharing

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16 April 2014 we would like to start a business to form a llp firm with 10 partners out of 7 partner contribution 3 lac each partner and 3 partner contribution 1 lac each in cash and profit sharing ratio in all partner is equally is it possible kindly suggest.

17 April 2014 yes. capital contribution and profit sharing can be on different basis.



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