Investment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 December 2015
Dear Expert,
Can a LLP make investment in company? if yes on what condition LLP make investment.
Can a LLP make investment in company? if yes on what condition LLP make investment.
A.Soundararajan
(Expert)
24 December 2015
LLP can make investment in company by purchase of shares. There are no conditions for purchase of shares. The partners of LLP should mutually agree to purchase the shares may be out of surplus funds
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