The MCA site says that there is no upper limit on the number of partners of an LLP.
Section 11 of the companies Act,reads "No company, association or partnership consisting of more than ten/twenty persons shall be formed for the purpose of carrying on any other business that has for its object the acquisition of gain by the company, association or partnership, or by the individual members thereof, unless it is registered as a company"
Is this a contradiction or there is any specific exemption in the law for LLP?
Can a private limited company give interest free loans to its directors of the company. If yes what is the procedure
Can a US LLC Invest in an Indian LLP as a promoter partner ?
As per FDI Policy , Foreign Institutional Investors (FIIs) and Foreign Venture Capital Investors (FVCIs) can not make investments in LLP ?
If allowed to invest in LLP, what are all the steps which are needed to be followed ? (such as SEBI, FEMA and LLP Act)
Does an US LLC fall under the above FIIS category ?
sir, I want to open a company from capital 1 lac what would be the right step to launch the company which is having the vision of listing in stock exchange.
is companies act 2013 applicable or its partially applicable on companies?
A partnership deed of three brothers was registered in 1996. While the same partnership deed was amended in the year 2001 with just the change in the profit sharing ratio . Does amended partnership deed of 2001 also needs to be registered?
A public limited company had eight members. Two of the members met with an accident and died on the spot. Now what shall be the legal status of the company?
can this name Schulisch india Education services be alloted as proposed company? If yes then what will be the criteria?
Mr. A is running a trading business. He wants to involve his brother and to make a private company. How can he do? How can assets and liabilities be transferred? And how capital is introduced in company, by cash or in form of assets other than cash?
XYZ pvt ltd has only 2 directors. One of the director wanted to transfer all his shares to outsider. Can he do so?
Can we use a same form 32 for resignation of one director, who has transferred all his shares and appointment of 2 new directors, who will be transferee of sahres
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Maximum no. of partners-llp