Can llp becomes partner in another llp?

378 views 4 replies

Dear Members,

 

Can a Pvt. Co. and LLP become partners in another LLP?

Replies (4)
Yes of course I think
LLP can become the partner in another LLP as it is a separate legal entity and there is a provision that any person can become a member.Now we have to see what the "person"includes,according to the general clauses act,1987 defines the definition of person that artificial person or any body corporate can become a member thus on concluding one LLP can become a member in another LLP.
LLP can become the member in another LLP as it is a separate legal entity and there is a provision that any person can become a member.Now we have to see what the "person"includes,according to the general clauses act,1987 defines the definition of person that artificial person or any body corporate can become a member thus on concluding one LLP can become a member in another LLP.

What will be the provisions of stamp duty, if LLP as a partner contribute  Land/Property in another LLP.

IS LLP a related party to a public ltd company if the director of Public Ltd company is a partner in LLP.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register