Incorporation of llp
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 March 2014
Dear Experts,
Can a LLP be formed for the purpose of providing loans and advances ? If yes pls guide me on the process of such registration.
Thanks a lot pls help me out
Can a LLP be formed for the purpose of providing loans and advances ? If yes pls guide me on the process of such registration.
Thanks a lot pls help me out
07 March 2014
there is no prohibition as such but you need RBI approval and RBI has not been very enthusiastic about LLPs.
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