Llp share premium
NAVEENKUMAR BANDI (CA Job) (25 Points)
15 October 2016NAVEENKUMAR BANDI (CA Job) (25 Points)
15 October 2016
Pratik Shah
(Practising Company Secretary)
(4432 Points)
Replied 15 October 2016
There is no concept of 'Share' in LLP. LLP can never issue Shares. It has concept of 'Capital Contribution'
NAVEENKUMAR BANDI
(CA Job)
(25 Points)
Replied 15 October 2016
Thank you ... but Captial contribution can share at premium ??
Pratik Shah
(Practising Company Secretary)
(4432 Points)
Replied 15 October 2016
No...I have never heard of it. There is no concept of premium in LLP.