Merger/conversion of llp
This query is : Resolved
Pankaj Mittal
(Querist)
01 August 2011
can we convert/merge a limited liability partnership into unlisted public company?If YES,then What is the Procedure of its Conversion??
02 August 2011
This would not be allowed under LLP Act. However, enabling provisions would be required to be made in the Companies Act for such conversion. Necessary action in this regard would be taken when Companies Act would be revised.
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