Private Limited Purchasing the Business of LLP


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Quick Summary
This discussion outlines the legal process for a private limited company to purchase the business, assets, and liabilities of an LLP. Key considerations include ROC and MCA approvals, potential amendments to the company's MOA to include the acquisition clause, and obtaining a valuation of the LLP's assets and liabilities to ensure fair payment.

04 August 2021 Please advice me regarding what are the legal procedure and compliance relating if a private limited company has to acquire the business, assets and liabilities of a LLP with respect to ROC. What are the approvals required from MCA

04 August 2021 1. Such private Company have to add the clause of purchasing of assets and liability in its MOA.

04 August 2021 2. Obtain Valuation of Assets and Liability of LLP. As Company have to pay accordingly to LLP.

04 August 2021 Ask any other specific queries on the same.


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