Borrowing limit of llp
This query is : Resolved
21 February 2012
Dear All,
please tell me what are the provisions applicable to LLP relating to the borrowing limit? is it same in the case of Companies? Because neither in LLP Act, 2008 nor in the LLP regulations any specific provisions are given.
please tell me what are the provisions applicable to LLP relating to the borrowing limit? is it same in the case of Companies? Because neither in LLP Act, 2008 nor in the LLP regulations any specific provisions are given.
22 February 2012
Regulations relating to borrowing limits are governed by the LLP Agreement
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