Hi All,
Can an LLP be a shareholder of a company.
In my view, as LLP is a limited liability firm, having a distinct identity and therefore should be entitled to hold shares.
Alternate views are invited.
Regards
Mayur
Hi All,
Can an LLP be a shareholder of a company.
In my view, as LLP is a limited liability firm, having a distinct identity and therefore should be entitled to hold shares.
Alternate views are invited.
Regards
Mayur
Yes it can
Provided AOA permits
Yes it can as LLP has perpectual sucession and distinct existance and is an artificial body which has the featured of a Ltd Company.
Thanks Rachana and Jithesh.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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