It is well known that a Pvt Ltd Co can be converted into LLP. But can a LLP be converted into Pvt Ltd Co? If yes, what ist he procedur?
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Convert llp into pvt ltd co
Replies (4)
As per present LLP Act, there is no particular provision for conversion of LLP in to Company.
This would not be allowed under LLP Act. However, enabling provisions would be required to be made in the Companies Act for such conversion.
There are no enabling provisions neither in Companies Act nor LLP Act to convert LLP into Private Company, so it is not possible to convert LLP into Private Company.
Is there any update on this? Can a LLP now be converted into a Pvt Ltd? If no, is there any possibility this will be possible soon?
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