Llp


This query is : Resolved 

(Querist)
28 November 2012 We have a LLP having Capital 1 lacs with two partners.We want to add a new partner without any capital contribution .is it allowable under LLP Act.

CA M Indani (Expert)
28 November 2012 yes..no doubt .

29 November 2012 Yes you can add one or more partner.

sumanta (Querist)
29 November 2012 But There are two points.
1.In the form 3 nil capital is not accepted.
2.ROC said It is not allowed u/s 32 and 33 of LLP without capital contribution.

Any argument to counter the above view.


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