Llp or private company

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Chirag Patel (Querist)
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01 October 2012 We are in construction field. We are going to invest more then 5000 cr in a Construction project. This project is about Public Sector related to Road preparation. What are we suppose to go for? Private Limited or Public Limited or Public Private Partnership ????

Amol S Joglekar

Amol S Joglekar (Expert)
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01 October 2012 You have to take the call. Concentration of power is more in closely held companies. The public company can collect money from the public at large which is not so in case of private company. LLP is comparitively new VEHICLE and as such has not knocked the doors of the Indian Courts. Timely tested routes are always better.

Chirag Patel

Chirag Patel (Querist)
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02 October 2012 Dear Joglekar,

Thanks for the advice. Still having a little doubt. As this project is related to Govt. as it is about to Road preparation. So my query is that shall We need to go for a tie up with Govt in the form of "PPP" or separately our Public Limited company can execute our project????

Regards,

Chirag

Amol S Joglekar

Amol S Joglekar (Expert)
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02 October 2012 This normally depends upon the EOI "expression of interest" The TOR (Terms of reference" is prepared by the Govt. You need to go through the said ToR. If nothing contrary is mentioned in the said ToR, you can have the choice of your form of organisation.

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