Llp for specific project


This query is : Resolved 

(Querist)
10 May 2014 It is said that a company can become partner in LLP.
Can a public limited company form a LLP ?
Can a LLP be formed to manage a specific project ?

10 May 2014 1.the ans is yes.
2. yes why not.

jagan (Querist)
12 May 2014 Will the LLP be a subsidiary of the company since the company forms the LLP ?

15 May 2014 LLP is not a co but a partner and it cannot become a subsidiary as for becoming subsidiary it has to be a company.


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