Contribution - llp
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 September 2014
Sir,
Whether total monetary value of obligation of contribution in case of LLP includes Current capital accounts of the partners ??
Eg.
Authorized Contribution (total monetary value of obligation of contribution) of the LLP is Rs. 100000/-
in addition to this LLP also shown Rs. 50000/- as current capital account of partners??
whether LLP can have current capital of partners in addition to authorised contribution??
Whether total monetary value of obligation of contribution in case of LLP includes Current capital accounts of the partners ??
Eg.
Authorized Contribution (total monetary value of obligation of contribution) of the LLP is Rs. 100000/-
in addition to this LLP also shown Rs. 50000/- as current capital account of partners??
whether LLP can have current capital of partners in addition to authorised contribution??
04 September 2014
u mean to say current account of designated partners
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 September 2014
yes..
LLP has authorised contribution is Rs. 100000
and they also have current capital accounts of partners
LLP has authorised contribution is Rs. 100000
and they also have current capital accounts of partners
04 September 2014
yes allowed to show no issues in it
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