Can a llp make share holder of a company

A Limited Liability Partership cannot be shareholder of the Company except where the company is licenced under Section 25 of the Companies Act, 1956

As per CIRCULAR NO.4/72, DATED 9.3.1972.

A firm, not being a person, cannot be registered as a member of company except where the company is licensed under section 25, Companies which have firms registered as shareholders should be advised to take steps to rectify the position within a specified time.

This Circular will be applicable in case of LLP also as the basic feature with regard to entity of partnership firm  are same.