Can HUF become member of LLP

364 views
User Avatar

47 Points Posted on 26 November 2020
Can HUF become member of LLP
0 Reply Share Follow
On 26 November 2020 at 17:13 Report
Replies (3)
Quick Summary
A Hindu Undivided Family (HUF), or its karta, cannot become a partner or designated partner in a Limited Liability Partnership (LLP). This is because an HUF is not recognised as a body corporate under the LLP Act of 2008. Therefore, direct membership for an HUF in an LLP is not permissible.

User Avatar

24 Points Posted on 26 November 2020
A HUF cannot be treated as a body corporate for the purposes of LLP Act, 2008. Therefore, a HUF or its karta cannot become partner or designated partner in LLP.” 
Reply
On 26 November 2020 at 17:27
User Avatar

47 Points Posted on 28 November 2020
Thank you for reply
1 Reply
On 28 November 2020 at 12:58
User Avatar

47 Points Posted on 28 November 2020
Thank you for reply
Reply
On 28 November 2020 at 12:58

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Capital gains incidence due to bonus shares
  2. Amendment of Object Clause of Memorandum
  3. How Can I Request a Refund for an Accidental Airte
  4. TDS on salary paid in cash
  5. YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
  6. Last Date To Fill ITR For Non-Audit Case
  7. Guidance Required on Filing Fresh Registration und
  8. IT Return Refund Status AY 2026-27
  9. Clarification Regarding Income Tax Demand Notice
  10. Online PAN Download: Check How?

More recent discussions | Post

Related Topics :

Loading