WHILE FORMING LLP IS IT REQUIRED THAT ALL THE EXISTING SHAREHOLDERS TO BECOME THE PARTNERS OF THE LLP. IF NO THEN PLEASE SUGGEST THE WAY HOW IS IT POSSIBLE
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Do all shareholders need to be converted to partners in llp
Replies (1)
Yes as per Section 56 of LLP Act, 2008, except all the shareholders of a company, no one else will turn to partners of LLP. And the consent of all the partners are to be filled in Part B of Form 18 and to be filed/ uploaded with MCA Site
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