FUND RAISE BY LLP's

can a limited liability partnership raise fund from general public or relatives of partners and invest in share market in India?

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Quick Summary
This discussion clarifies whether a Limited Liability Partnership (LLP) in India can raise funds from the general public for share market investments. The consensus is that LLPs cannot solicit funds from the public. However, it is permissible for LLPs to borrow money from relatives and friends.

No LLP cannot raised fall from general public

They can borrow from relatives and friends right?

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