Can a Limited Liability Partnership become a shareholder in a Private Limited Company ?
If yes, kindly provide the procedure to do so.
Thanks
Menu
Allotment of shares to LLP
Replies (1)
According to Section 2 of LLP Act "LLP" is body corporate and Companies Act do not have any specific provision which bars LLP as a shareholder. So yes LLP can become shareholder in a company.
Recent Threads
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
Related Threads
CAclubindia
