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Presentation of consolidated statements

This query is : Resolved 
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(Querist)
30 January 2018 Hi there!
Can an LLP act as a holding company of private company?
Also, can an LLP act as a holding entity of another LLP?
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
31 January 2018 1. LLP can become member of a company
2. As per Section 5 of the Limited Liability Partnership Act, 2008, any individual or
body corporate can be a partner in a limited liability partnership. LLP is a body corporate can be a partner in another LLP.
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