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Can company and/or LLP trade in derivative without being NBFCs

shubham (Student CA IPC / IPCC) (22 Points)

18 May 2020

can company and/or LLP trade in derivative without being NBFCs

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3 Replies

CA Raj Doshi (Practising CA) (8733 Points)
Replied 27 May 2020

Yes. No such restriction. There should be relevant clause in the MOA AND LLP deed which would suffice for further opening of trading account with brokers and dealing in derivatives.

pushpraj chopra (2 Points)
Replied 02 November 2021

Hello Sir. Can you please share such LLP agreement with the relevant clause for opening of the trading and demat account of LLP especially dealing in Futures and options trading.

Thanks in anticipation