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
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Can LLP be a shareholder
Replies (3)
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.
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